Core Viewpoint - Kroger Co has shown a steady upward trend in its stock price over the past year, with recent technical support preventing significant losses after a record high of $73.63 on April 22 [1] Group 1: Stock Performance - The stock recently rebounded from $66, which aligns with its ascending 100-day moving average [2] - For the first time in at least eight of the last ten trading days, the shares are within one standard deviation of their 80-day moving average, after spending at least 75% of the last six months above it [2] - Historical data indicates that after similar signals in the past three years, the stock was higher one month later 55% of the time, with an average gain of 3.7% [2] Group 2: Market Sentiment - An upward movement in Kroger's stock may be supported by a potential unwinding of short interest, with 6.1% of the stock's float sold short [4] - It would take shorts nearly five days to cover their positions at the equity's average trading pace [4] - Among 20 analysts covering the stock, 11 have a "strong buy" rating, while nine maintain a "hold" rating, indicating room for potential upgrades [4]