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Kroger Crosses Above its 10-day MA (KR)

By James Quinn

Today, shares of Kroger (NYSE:KR) have crossed bullishly above their 10-day moving average of $29.84 on a volume of 1.6 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 share prices have moved between a 52-week high of $42.75 and a 52-week low of $27.32 and are now trading 11% above that low price at $30.20 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 is tracking the current trend status for Kroger and will alert subscribers who have KR in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Kroger

Ticker(s): KR