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Kroger Co Crosses Above its 10-day MA (KR)

By James Quinn

Today, shares of Kroger Co (NYSE:KR) have advanced above their 10-day MA of $23.59 on a volume of 7.6 million shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Kroger Co share prices have moved between a 52-week high of $37.97 and a 52-week low of $19.69 and are now trading 21% above that low price at $23.73 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.7%.

SmarTrend recommended that its subscribers protect gains by selling shares of Kroger Co on February 9th, 2018 by issuing a Downtrend alert when the shares were trading at $27.33. Since that call, shares of Kroger Co have fallen 14.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses kroger co

Ticker(s): KR