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Kroger Co Bullish Moving Average Crossover Alert (KR)

By David Diaz

Today, shares of Kroger Co (NYSE:KR) have crossed bullishly above their 10-day moving average of $31.91 on a volume of 1.2 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Kroger Co has traded in a range of $20.70 to $36.84 and is now at $32.12, 55% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.9% while the 50-day MA has advanced 1.4%.

SmarTrend is monitoring the recent change of momentum in Kroger Co. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Kroger Co in search of a potential trend change.

Keywords: moving crosses kroger co

Ticker(s): KR