Kroger stock: buy or sell

KR stock price: $40.03 0.00% At close on Jul 28th, 2021

Updated on:
Jul 29th, 2021

2

Kroger stock brief

  • Kroger closed on Wednesday at $40.03 after only changing a 0.00%.
  • Price is drawing a scaled uptrend since November 2020 with higher tops and higher bottoms. Up to date, shares marked a 33.48% profit since the beginning of this rally
  • 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.

Should I buy Kroger stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $KR stock a buy?

In the current situation of Kroger there is not any eligible buy setup. This doesn't mean we expect a selloff for $KR in the next few days, or that it may not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Kroger stock?

Knowing when to sell a stock is even more difficult than knowing when to buy it. Like when we have to buy shares, choosing when is appropiate to sell is not a fickle decision, and we must adhere our own trading strategy. We like very simple setups to guide us on when is a good moment to sell our shares. Be aware that these setups should not be used for shorting Kroger stock

A golden rule is that you should not keep an investment that generates greater losses than those expected upon purchase. When to sell shares should always be dictated by the stop-loss (automatic or manual)

Is it time to sell Kroger stock?

In the current situation of Kroger there is not any eligible sell setup, so Kroger stock holders with operations in green can keep their positions

Kroger ratings

In the previous 30 days we couldn't find any rating for Kroger

Kroger stock analysis

Since in November 2020, Kroger has been drawing an uptrend that by now marked a gorgeous 33.48%. The price line shows higher highs and higher lows, and along the way gave some buy points for those who wanted to enter. Latest pullback was on July 7, when price bounced at $37.26. Like in all uptrends, price needs to take breath and now price is moving in a range between $41.50 and $37.26

SMAs overview

KR stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $40.08 (0.12% above)
  • R2: $41.50 (3.67% above)
  • R3: $42.55 (6.30% above)
  • The current support levels are:

  • S1: $39.07 (-2.40% below)
  • S2: $38.48 (-3.87% below)
  • S3: $38.20 (-4.57% below)
  • Bollinger bands

    Since the price surpassed the upper band on July 20, the price has been corrected downwards by 3.54%. The price is moving very close to the upper Bollinger band, signaling some level of overbought in recent sessions. This is not a bearish indicator, as price can trade in these levels for many days and weeks

    KR stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 on July 20 after just crossing to the overbough zone for 1 day (weak signal). The RSI value on Wednesday was 58.92. Since that level was lost, Kroger stock sank a 2.53%

    KR stock RSI chart

    Kroger stock price history

    Kroger IPO was on Jan 2nd, 1962 priced at $0.00 per share1. Since then, KR stock has risen by -, with an average of 0.00% per year. If you had invested thousand dollars in Kroger stock on Jan 1962, it would worth $inf today.

    1: Adjusted price after possible price splits or reverse-splits

    KR stock price history chart

    Price target for Kroger stock

    Nobody knows how much a stock will be priced in the future. However, many stock price forecasts are posted every day by banks, financial institutions and independent analysts.

    Along with buy or sell recommendations, financial institutions publish their price predictions based on the stock price action and the company fundamental data. Most of these estimates follow the publication of new financial data by the company, and usually. Again, these predictions are not direct recommendations for small investors and should not be followed blindly.

    In the previous 30 days we couldn't find any price target published for Kroger stock.

    Earnings and financials

    In mid-June, The Kroger Co. ($KR) posted EPS for that strongly uplifted Wall St. expectations. Quarterly EPS was $1.19 per share versus the estimated $1.01. This Q1 report represents an earnings surprise of 17.82%. Estimated turnover for Q1 was $39.8 billion but Kroger slightly uplifted by 3.82%, reporting $41.3 billion.

    Compared to the same quarter last year, EPS was $1.22, so current EPS means a drop of -2.46%. Turnover slightly changed on an annualized basis in the , from $415.5B to $413.0B last quarter.

    Kroger ($KR) will host the quarterly earnings call next September. Market estimates of $0.64, compared to Q1 that made $1.19.

    Kroger performance

    KR performance compared
    Company1m3m6m
    Kroger ($KR) 1.70% 9.60% 7.30%

    Important note:
    The comments published in this article are personal and not recommendations for you to buy or sell stocks. The author of this text does not have an understanding of the specific situations of the reader, his or her finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are published for educative reasons only

    Kroger summary

    Wednesday, July 28th, 2021
    Open$40
    Close$40.03
    Day range$39.74 - $40.18
    Previous close$40.03
    Session gain0.00%
    Average true range$1.07
    50d mov avg$38.41
    100d mov avg$37.48
    200d mov avg$34.92
    Earnings dateSeptember 9th, 2021

    Frequently asked questions

    What is Kroger stock symbol?

    The Kroger Co. is a public company trading in the US stock market with the KR symbol

    Is Kroger stock a buy or sell?

    Kroger had no ratings in the last four weeks Read the article to get additional tips on trading KR stock.

    Will KR go up?

    There were no forecasts posted by analysts in the last 30 days for Kroger.