Kroger's most recent trend suggests a bullish bias. One trading opportunity on Kroger is a Bull Put Spread using a strike $24.00 short put and a strike $19.00 long put offers a potential 7.07% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $24.00 by expiration. The full premium credit of $0.33 would be kept by the premium seller. The risk of $4.67 would be incurred if the stock dropped below the $19.00 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 51.83 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Kroger
New study shows how Kroger’s prices compare with Walmart’s
Thu, 24 Oct 2019 18:43:50 +0000
Aggressive price promotions helped Kroger Co. narrow the gap between its best prices and those at chief rival Walmart last month, according to an analysts’ study. But on a longer-term basis and with everyday prices that gap is getting worse for Kroger.
Downtown restaurants beware: Fry’s is coming for your lunch business
Wed, 23 Oct 2019 21:26:20 +0000
Fry’s Food Stores opened the doors of its long-awaited, 67,000-square-foot downtown Phoenix location Wednesday morning, and the grocery store is making it known that it wants to feed downtown's workforce.
Kroger foot traffic fell but there are promising signs, study shows
Wed, 23 Oct 2019 18:47:55 +0000
Foot traffic at Kroger Co.’s supermarkets fell through much of the year, a study shows, but its author sees signs of promise and a way to improve results.
Kroger Health and Ascension Saint Thomas Health Partner to Better Serve Communities in Middle Tennessee
Wed, 23 Oct 2019 12:00:00 +0000
CINCINNATI, Oct. 23, 2019 /PRNewswire/ — Kroger Health, the healthcare arm of The Kroger Co., is partnering with Tennessee hospital and medical network Ascension Saint Thomas Health to expand access to high quality healthcare in Middle Tennessee. Kroger operates 114 stores, including 116 Pharmacies and 40 Clinics throughout Tennessee, and Ascension Saint Thomas Health operates 97 practice sites with more than 500 physicians and advanced practitioners. This partnership extends Kroger Health's 360care™ that enables hospitals and healthcare networks to leverage Kroger resources to provide broader access and value-based healthcare for their patients.
Kroger and Cardinal Health Foundation to Host Drug Take Back Events across 25 States on October 26
Tue, 22 Oct 2019 18:20:00 +0000
Local collection sites will provide safe, convenient and anonymous disposal of unused or expired prescription drugs CINCINNATI , Oct. 22, 2019 /PRNewswire/ — The Kroger Co. (NYSE: KR) and the Cardinal …
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