Kroger's most recent trend suggests a bearish bias. One trading opportunity on Kroger is a Bear Call Spread using a strike $38.00 short call and a strike $43.00 long call offers a potential 6.38% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $38.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock rose above the $43.00 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 37.74 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Kroger
Retail workers in unions reap higher wages even as U.S. organizers suffer setbacks
Fri, 09 Jul 2021 10:05:48 +0000
Wally Waugh, 57, a front-end manager at a Stop & Shop supermarket in Oyster Bay, New York, makes over $1,150 a week. Adam Ryan, 33, a sales clerk at a Christiansburg, Virginia, Target, makes $380 to $460 a week. While the gap in how much they earn arises in part from the very different regions where both live and work, it is also in line with a Reuters analysis of U.S. retail wages, whose findings are previously unreported.
INSIGHT-Retail workers in unions reap higher wages even as U.S. organizers suffer setbacks
Fri, 09 Jul 2021 10:00:00 +0000
Wally Waugh, 57, a front-end manager at a Stop & Shop supermarket in Oyster Bay, New York, makes over $1,150 a week. Adam Ryan, 33, a sales clerk at a Christiansburg, Virginia, Target, makes $380 to $460 a week. While the gap in how much they earn arises in part from the very different regions where both live and work, it is also in line with a Reuters analysis of U.S. retail wages, whose findings are previously unreported.
12 Healthy and Sustainable Food Stocks to Buy
Thu, 08 Jul 2021 20:51:15 +0000
In this article we will take a look at the 12 healthy and sustainable food stocks to buy. You can skip our detailed analysis of the food industry’s outlook for 2021 and some of the major growth catalysts for food stocks and go directly to the 5 Healthy and Sustainable Food Stocks to Buy. Since […]
10 Best Grocery Stocks to Buy
Thu, 08 Jul 2021 15:14:44 +0000
In this article, we will be looking at the 10 best grocery stocks to buy. To skip our detailed analysis of the grocery shopping and retail sector, you can click to see the 5 Best Grocery Stocks to Buy. The global grocery shopping and food retail business has always been one of the largest markets globally. […]
Kroger Stock Is Easy to Overlook. Why That’s a Mistake.
Wed, 07 Jul 2021 17:37:00 +0000
The big Covid-19 boost for food retailers is waning, but that actually makes right now a perfect time to buy shares of grocer Kroger, according to Guggenheim.
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