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Kroger Co Falling Today on Above-Average Volume (KR)

By Nick Russo

Kroger Co shares are trading on heavy volume today, having fallen 9.0% to $28.87. About 13.6 million shares have been traded today, as compared to the 30-day average volume of 8.0 million shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that subscribers consider buying shares of Kroger Co on June 14th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $26.32. Since that recommendation, shares of Kroger Co have risen 20.6%. We continue to monitor KR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Kroger Co share prices have moved between a 52-week high of $32.74 and a 52-week low of $19.69 and are now trading 45% above that low price at $28.59 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has risen 0.5%.

Keywords: unusual volume kroger co

Ticker(s): KR