Kroger's most recent trend suggests a bullish bias. One trading opportunity on Kroger is a Bull Put Spread using a strike $39.00 short put and a strike $34.00 long put offers a potential 12.87% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $39.00 by expiration. The full premium credit of $0.57 would be kept by the premium seller. The risk of $4.43 would be incurred if the stock dropped below the $34.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Kroger is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Kroger is bullish.
The RSI indicator is at 61.98 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Kroger
The Wellness Experience by Kroger and Co-Founder Jewel Announce Star-Studded Festival Lineup
Wed, 21 Jul 2021 11:25:00 +0000
Today, Inclusion Companies LLC, in partnership with The Kroger Co. (NYSE: KR), and festival co-founder Jewel announced the lineup of talent, events and experiences taking place at The Wellness Experience by Kroger on Aug. 20-21 in Cincinnati, OH. The two-day, free health and wellness festival, presented by Molson Coors Beverage Company and L.A. Libations, is one of the largest wellness and entertainment events in the Midwest region.
Kroger (KR) Stock Sinks As Market Gains: What You Should Know
Tue, 20 Jul 2021 21:50:09 +0000
Kroger (KR) closed the most recent trading day at $40.57, moving -1.22% from the previous trading session.
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Tue, 20 Jul 2021 14:30:00 +0000
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Kroger Names New Head of Investor Relations
Tue, 20 Jul 2021 12:00:00 +0000
The Kroger Co. (NYSE: KR) today announced Rob Quast has been promoted to Head of Investor Relations.
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Tue, 20 Jul 2021 09:56:42 +0000
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