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Next Resistance Level for Kroger Co (KR) is $24.07

By David Diaz

Kroger Co (NYSE:KR) has opened bullishly above the pivot of $23.69 today and has reached the first level of resistance at $23.90. Should the shares continue to rise, the resistance pivots of $24.07 and $24.45 will be of interest.

Potential upside of 0.0% exists for Kroger Co, based on a current level of $0.00 and analysts' average consensus price target of $30.02. Kroger Co shares should first meet resistance at the 50-day moving average (MA) of $37.55 and find additional resistance at the 200-day MA of $37.98.

In the past 52 weeks, Kroger Co share prices have been bracketed by a current low of $0.00 and a high of $37.97 and are now at $0.00. Over the past week, 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 13.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: pivot alerts kroger co

Ticker(s): KR