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Kroger Stock Could Push Back Toward Highs
Schaeffers Investment Research· 2025-06-02 17:43
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]
Interactive Brokers Stock Boasts Technical Support
Schaeffers Investment Research· 2025-04-07 19:01
Group 1 - Interactive Brokers Group Inc (NASDAQ:IBKR) shares are down 2.8% at $141.95, marking the lowest level since October, amidst market volatility due to tariff updates and selloff speculation [1] - The stock is trading near long-term support at its 320-day moving average, which is historically a bullish trendline, and is within 0.75 of the trendline's 20-day average true range (ATR) for the first time in at least eight of the last ten trading days [2] - IBKR has shown a 27.8% year-over-year gain and has outperformed options traders' volatility expectations, reflected in its Schaeffer's Volatility Scorecard (SVS) of 88 out of 100 [3] Group 2 - In the past three years, after similar trading conditions, IBKR has averaged a 10.4% gain one month later, indicating potential bullish momentum [3]