Kroger Technical Analysis (NYSE:KR)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. Just by looking at the Kroger stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the KR stock chart which creates a trading signal.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Kroger. The technical analysis form of Kroger stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Kroger Moving Average
Moving averages show the average price of KR stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $25.41 is below the last closing price of $28.73 and the 50 day moving average of $24.93 is below the last closing price of $28.73. The 10 and 20 day periods can predict short term moving average trends.
Kroger Bollinger Bands
Bollinger bands comprise of a center line usually KR SMA, and two KR stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Kroger bollinger bands show that the stock price is $28.73, upper band is 27.39, lower band is 23.44, and the average is 25.41.
Kroger Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Kroger MACD indicator can be used to identify bullish and bearish trends for the stock.
Kroger Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of KR stock is 90.13.