RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of KR
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Kroger stock upgraded from Buy Candidate to Strong Buy Candidate after Thursday trading session.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 15, 2024 Gain 21.89% PDF

The Kroger stock price gained 0.404% on the last trading day (Thursday, 28th Mar 2024), rising from $56.90 to $57.13. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 0.773% from a day low at $56.92 to a day high of $57.36. The price has risen in 8 of the last 10 days and is up by 2.92% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 4 million more shares were traded than the day before. In total, 6 million shares were bought and sold for approximately $368.97 million.

The stock lies in the upper part of a wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $58.04 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 27.29% during the next 3 months and, with a 90% probability hold a price between $65.88 and $73.88 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

KR Signals & Forecast

The Kroger stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $56.68 and $51.58. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 2.09%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Kroger stock

Kroger finds support from accumulated volume at $55.48 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.440 between high and low, or 0.773%. For the last week, the stock has had daily average volatility of 1.27%.

Our recommended stop-loss: $54.21 (-5.11%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 3 days ago.)

Trading Expectations (KR) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Kroger Company (The) to open at $57.14, and during the day (based on 14 day Average True Range), to move between $56.22 and $58.04, which gives a possible trading interval of +/-$0.91 (+/-1.60%) up or down from last closing price. If Kroger Company (The) takes out the full calculated possible swing range there will be an estimated 3.19% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $55.48, some $1.65 (2.89%) from the current price of $57.13, our system finds the risk reward attractive.

Is Kroger Company (The) stock A Buy?

Kroger holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 5.303 Strong Buy Candidate Upgraded

Predicted Opening Price for Kroger Company (The) of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$57.14 ( 0.0117%) $57.13

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for KR

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 57.58 0.782 %
R2 57.41 0.488 %
R1 57.30 0.306 %
Current price: 57.13
Support S1 56.97 -0.283 %
S2 56.86 -0.464 %
S3 56.70 -0.759 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 57.13
Support S1 55.48 -2.89%
S2 49.61 -13.16%
S3 46.14 -19.24%

KR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 14, 2024 May 14, 2024 Jun 01, 2024 $0.290 0.508%
2 Jan 19, 2024 Feb 14, 2024 Mar 01, 2024 $0.290 0.590%
3 Sep 14, 2023 Nov 14, 2023 Dec 01, 2023 $0.290 0.650%
4 Jun 22, 2023 Aug 14, 2023 Sep 01, 2023 $0.290 0.631%
5 Mar 09, 2023 May 12, 2023 Jun 01, 2023 $0.260 0.582%

FAQ

What is the symbol for Kroger Stock and on which exchange is it traded?
The symbol for Kroger is KR and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Kroger Stock?
Kroger holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

How to buy Kroger Stock?
Kroger Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Kroger Stock.

What's the current price of Kroger Stock?
As of the end of day on the 2024-03-28, the price of an Kroger (KR) share was $57.13.

What is the 52-week high and low for Kroger Stock?
The 52-week high for Kroger Stock is $57.36 and the 52-week low is $42.10.

What is the market capitalization of Kroger Stock?
As of the 2024-03-28, the market capitalization of Kroger is 41.134B.

When is the next earnings date for Kroger?
The upcoming earnings date for Kroger is Jun 20, 2024.
Click to get the best stock tips daily for free!

About Kroger Company (The)

Kroger The Kroger Co. operates as a retailer in the United States. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; and multi-department stores provide apparel, home fashion and furnishings, outdoor living, electronic... KR Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT