Kroger's most recent trend suggests a bearish bias. One trading opportunity on Kroger is a Bear Call Spread using a strike $25.00 short call and a strike $30.00 long call offers a potential 10.86% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $25.00 by expiration. The full premium credit of $0.49 would be kept by the premium seller. The risk of $4.51 would be incurred if the stock rose above the $30.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Kroger is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Kroger is bearish.
The RSI indicator is at 20.82 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Kroger
One Map Shows Why It Makes Sense for Target to Buy Kroger to Try and Beat Amazon
Sun, 25 Mar 2018 14:17:00 +0000
Reports of Target buying Kroger to try and challenge Amazon may not be as crazy as it seems. This map shows why.
Better Buy: CVS Health Corporation vs. The Kroger Co.
Fri, 23 Mar 2018 20:45:03 +0000
Both of these companies are trading at dirt-cheap valuations, but which is the better bet for investors today?
Target, Kroger In Merger Talks To Counter Amazon's Grocery Moves: Report
Fri, 23 Mar 2018 20:06:01 +0000
Kroger and Target are in reportedly in merger talks as Amazon's growing influence in groceries has chains scrambling to expand delivery options.
Kroger Said to Discuss Merger With Target
Fri, 23 Mar 2018 19:52:19 +0000
Bloomberg's Ed Hammond discusses the report that Kroger Co. may be considering a merger with Target Corp. He speaks with Bloomberg's Scarlet Fu and Lisa Abramowicz on “Bloomberg Markets.” (Source: …
Does a Target-Kroger Merger Make Any Sense?
Fri, 23 Mar 2018 19:01:00 +0000
While a Target-Kroger merger seems to be off the table for the moment, there's at least reason to believe that it could benefit both companies.
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