Kroger's most recent trend suggests a bearish bias. One trading opportunity on Kroger is a Bear Call Spread using a strike $55.00 short call and a strike $60.00 long call offers a potential 44.51% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $55.00 by expiration. The full premium credit of $1.54 would be kept by the premium seller. The risk of $3.46 would be incurred if the stock rose above the $60.00 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 26.55 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
Inflation: ‘It’s not clear we’ve hit the peak’ yet in the booze business, Constellation CEO says
Thu, 05 May 2022 20:44:53 +0000
Constellation Brands CEO and President Bill Newlands joins Yahoo Finance Live to talk about beer and liquor sales, overseas demand trends, inflationary prices, new hard seltzer product lines, and the brand's stock buyback plans.
Kroger to add $1.3M office to planned San Antonio fulfillment center
Thu, 05 May 2022 19:09:50 +0000
Kroger has filed for a new build of office space at their upcoming San Antonio Kroger Fulfillment Network location.
Local stocks slammed as stock market is pummeled
Thu, 05 May 2022 16:45:16 +0000
The stock market got hammered on Cinco de Mayo and Greater Cincinnati stocks didn’t avoid the pain. The market plummeted more than 3% with the Dow Jones Industrial Average dropping more than 1,000 points in the worst day for the market in almost two years. The steep decline came in the wake of the biggest Federal Reserve interest rate hike in more than two decades on Wednesday, which prompted stocks to soar that day.
Inflation: Consumers are paying more for groceries and consolidating trips
Thu, 05 May 2022 14:56:39 +0000
Yahoo Finance’s Ines Ferre joins the Live show to discuss consumer behavior at grocery stores as inflation increases the price of food.
Central Garden & Pet (CENT) Q2 Earnings Beat, Sales Up Y/Y
Thu, 05 May 2022 14:56:02 +0000
Central Garden & Pet Company's (CENT) second-quarter results reflect investments in digital capabilities and innovation as well as customer insights to drive growth.
Related Posts
Also on Market Tamer…
Follow Us on Facebook