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 9.41% return on risk over the next 29 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 $0.43 would be kept by the premium seller. The risk of $4.57 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 26.38 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Kroger
It's unanimous: Kroger-Ocado warehouse coming to Groveland
Tue, 19 Mar 2019 00:39:59 +0000
Cincinnati-based supermarket giant Kroger Co. (NYSE: KR) and U.K.-based online-only grocer Ocado Solutions have confirmed where they're planting their Central Florida e-commerce warehouse. The 375,000-square-foot Groveland Customer Fulfillment Centers will be located in Groveland, a city west of Orlando in Lake County, at U.S. 27 and American Way near Florida's Turnpike, according to a March 18 release. The announcement comes after the city of Groveland unanimously approved a resolution March 18 approving an economic incentive award and authorizing City Manager Mike Hein to work with the companies to open the center.
Amazon’s Prime Program on Track to Hit Big Milestone in 2019
Mon, 18 Mar 2019 20:25:02 +0000
Amazon Is Capitalizing on These Key Advantages(Continued from Prior Part)Prime to reach over half of American households Amazon (AMZN) looks to be on track to reach a market penetration milestone with its Prime membership program this year. According
It's (almost) official: Kroger and Ocado near deal for new $55M+ warehouse in Groveland
Mon, 18 Mar 2019 20:12:35 +0000
“The Kroger deal further validates the direction of our market to larger distribution centers," industrial expert David Murphy said.
Instacart lays off hundreds of its in-store Whole Foods shoppers amid breakup with Amazon
Mon, 18 Mar 2019 19:41:31 +0000
Hundreds of in-store shoppers and Instacart employees will be affected by the termination of a seven-year-old partnership with Whole Foods Market.
Kroger’s driverless delivery service moves
Mon, 18 Mar 2019 10:48:37 +0000
Cincinnati-based Kroger Co. announced last week that it will take its driverless grocery delivery service to Houston, and now its plans are becoming more clear.
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