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Kroger Stock Could Push Back Toward Highs
KRKroger(KR) Schaeffers Investment Research·2025-06-02 17:43

Grocery store giant Kroger Co (NYSE:KR) has been steadily chopping higher on the charts for almost a year now. Though there was a recent pullback following the stock's April 22, record high of 73.63,layersofunderlyingtechnicalsupportarekeepingthelossesincheck. Thestockrecentlyreboundedoff73.63, layers of underlying technical support are keeping the losses in check. The stock recently rebounded off 66, which is home to its ascending 100-day moving average. Plus, per Schaeffer's Senior Quantitative Analyst Rocky White, the shares are within one standard deviation of their 80-day moving average for the ...