KROGER COMPANY THE - Daily - Technical analysis published on 10/22/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Neutral
Technical indicators
11%
72%
17%
My opinion
Bearish under 24.64 USD
My targets
23.88 USD (-0.95%)
22.98 USD (-4.69%)
My analysis
The current short-term bearish trend is expected to quickly fix the basic bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for KROGER COMPANY THE as long as the price remains well below 24.64 USD. The sellers” bearish objective is set at 23.88 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 22.98 USD. If there is any crossing, the next objective would be the support located at 22.09 USD.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
FORCE
0
10
3.8
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
KROGER COMPANY THE rating 24.11 USD. On the day, this instrument gained +0.71% and was between 23.99 USD and 24.33 USD. This implies that the price is at +0.50% from its lowest and at -0.90% from its highest.23.99
24.33
24.11
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this KROGER COMPANY THE chart shows a neutral trend. The strong bearish signals currently being given by short-term moving averages could allow the overall trend to return to a bearish trend. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : Daily
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
In fact, 13 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of triangle
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 22.09 | 22.98 | 23.88 | 24.11 | 24.64 | 25.80 | 26.68 |
| Change (%) | -8.38% | -4.69% | -0.95% | - | +2.20% | +7.01% | +10.66% |
| Change | -2.02 | -1.13 | -0.23 | - | +0.53 | +1.69 | +2.57 |
| Level | Minor | Major | Major | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.08 | 23.50 | 23.72 | 24.13 | 24.35 | 24.77 | 24.99 |
| Camarilla | 23.77 | 23.82 | 23.88 | 23.94 | 24.00 | 24.06 | 24.12 |
| Woodie | 22.99 | 23.45 | 23.62 | 24.08 | 24.26 | 24.72 | 24.89 |
| Fibonacci | 23.50 | 23.74 | 23.89 | 24.13 | 24.37 | 24.52 | 24.77 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 22.78 | 23.33 | 23.63 | 24.18 | 24.48 | 25.03 | 25.33 |
| Camarilla | 23.71 | 23.78 | 23.86 | 23.94 | 24.02 | 24.10 | 24.17 |
| Woodie | 22.67 | 23.27 | 23.52 | 24.12 | 24.37 | 24.97 | 25.22 |
| Fibonacci | 23.33 | 23.65 | 23.85 | 24.18 | 24.50 | 24.70 | 25.03 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.33 | 21.81 | 23.80 | 25.28 | 27.27 | 28.75 | 30.74 |
| Camarilla | 24.83 | 25.14 | 25.46 | 25.78 | 26.10 | 26.42 | 26.73 |
| Woodie | 20.58 | 21.94 | 24.05 | 25.41 | 27.52 | 28.88 | 30.99 |
| Fibonacci | 21.81 | 23.14 | 23.96 | 25.28 | 26.61 | 27.43 | 28.75 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 43.09 | |
| MACD (12,26,9): | -0.1800 | |
| Directional Movement: | -17.10 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 24.43 | |
| Parabolic SAR (0,02-0,02-0,2): | 25.34 | |
| Elder Ray (13): | -0.28 | |
| Super Trend (3,10): | 25.60 | |
| Zig ZAG (10): | 24.11 | |
| VORTEX (21): | 0.7800 | |
| Stochastique (14,3,5): | 21.67 | |
| TEMA (21): | 23.98 | |
| Williams %R (14): | -77.01 | |
| Chande Momentum Oscillator (20): | -0.48 | |
| Repulse (5,40,3): | -1.8600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 9.99 |
| MA7: | 24.24 | |
| MA20: | 24.81 | |
| MA50: | 24.48 | |
| MA100: | 23.37 | |
| MAexp7: | 24.25 | |
| MAexp20: | 24.57 | |
| MAexp50: | 24.36 | |
| MAexp100: | 24.15 | |
| Price / MA7: | -0.54% | |
| Price / MA20: | -2.82% | |
| Price / MA50: | -1.51% | |
| Price / MA100: | +3.17% | |
| Price / MAexp7: | -0.58% | |
| Price / MAexp20: | -1.87% | |
| Price / MAexp50: | -1.03% | |
| Price / MAexp100: | -0.17% |
News
The last news published on KROGER COMPANY THE at the time of the generation of this analysis was as follows:
- Kroger to Standardize Our Brands Date Labels to Reduce Household Food Waste
- Largest Grocery Chain in U.S. Adds CELSIUS® Nationwide
-
Kroger set to lay off hundreds of employees
-
Kroger Laying Off Hundreds Of Workers
- SS&C Health Launches Cardio Wellness Network
This member declared not having a position on this financial instrument or a related financial instrument.
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