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

By David Diaz

Shares of Kroger Co are trading today in above average volume, with the share price rising -2.5% to $24.94. Approximately 14.0 million shares have changed hands today vs. average 30-day volume of 9.9 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that subscribers consider buying shares of Kroger Co on August 26th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $23.67. Since that recommendation, shares of Kroger Co have risen 8.0%. 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 $32.15 and a 52-week low of $20.70 and are now trading 29% above that low price at $26.66 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has slid 0.5%.

Keywords: unusual volume kroger co

Ticker(s): KR