- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
Kroger Co. is a U.S. retailer specializing in food and drugs. It runs various store formats, including combo food and drug stores, multi-department stores, marketplace stores, and price impact warehouses. The combo stores feature natural and organic foods, pharmacies, general merchandise, pet supplies, fresh seafood, and organic produce. Multi-department stores offer clothing, home goods, outdoor items, electronics, automotive products, and toys. Marketplace stores provide full-service grocery, pharmacy, health and beauty products, perishables, and general merchandise. Price impact warehouses focus on groceries and health items, along with meat, dairy, baked goods, and fresh produce. Kroger also manufactures food products for its supermarkets and online sales, and operates fuel centers. Founded in 1883, Kroger is headquartered in Cincinnati, Ohio.
KR —  NYSE —
Current RSI of this stock is 59.60, which indicates the strength of buyers.
Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
The short length exponential moving average (10 EMA) has crossed the long length moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.
Based on our stock trading advice in Saudi Arabia, Kroger Company stock price target will be USD 73.7 - USD 74.5 in the next 12-14 trading sessions.
Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.
Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.
Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.
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