Kroger Co (KR) Stock: What Does the Chart Say Monday?

Kroger Co (KR) stock is higher by 0.97% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Kroger Co has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on KR!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With KR Stock Today?

Kroger Co (KR) stock is trading at $57.10 as of 3:44 PM on Monday, Apr 1, a drop of -$0.03, or -0.05% from the previous closing price of $57.13. Volume today is low. So far 1,842,022 shares have traded compared to average volume of 5,983,521 shares. The stock has traded between $56.91 and $57.40 so far today.

More About Kroger Co

Kroger is the leading American grocer, with 2,726 supermarkets operating under several banners throughout the country as of the end of fiscal 2021. Around 83% of stores have pharmacies, while nearly 60% also sell fuel. The company also operates roughly 120 fine jewelry stores. Kroger features a leading private-label offering and manufactures around 30% of its own-brand units (and more than 40% of its grocery own-label assortment) itself, in 33 food production plants nationwide. Kroger is a top-two grocer in most of its major markets (as of early 2021, according to company data). Virtually all of Kroger's sales come from the United States. Click Here to get the full Stock Report for Kroger Co stock.