KR stock showed bearish momentum with -0.13% movement on Dec 31, 2024
Date: Dec 31, 2024 (Tuesday)
open : $61.53
close : $61.15
low : $60.97
high : $61.85
previous close: $61.23
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On Dec 31, 2024 (Tuesday), THE KROGER CO. (KR) in the 3,638,328 sector showed bearish momentum of -0.13% w.r.t previous day's close. The stock belongs to the 4,665,543 industry within the 3,638,328 sector.
At the opening bell, the stock started with a a gap up at $61.53, compared to the previous close of $61.23 (a gap up of 0.49%).
The stock hit a high of $61.85 and a low of $60.97, creating a trading range of $0.88. The price movement for the day was -0.62% lower than the opening price.
During the day's session, the THE KROGER CO. experienced a substantial drop in trading activity, trading 3,638,328 shares, which is 22.02% lower than the average of 4,665,543 shares, like a sharp decrease in volume compared to its usual levels. This decline indicates reduced market participation or a lack of significant news to drive interest.
The stock experienced low volatility (1.44%), staying within a narrow range (the stock remained stable with a high of $61.85 and a low of $60.97).
If we look at the last month's 1D chart, the stock has been in an uptrend, but today's close < open forms a bearish candle, going against the trend and hinting at selling pressure or potential weakness in the uptrend.
Disclaimer: This analysis is provided solely for educational purposes and does not include any recommendations. For any financial decisions, it’s advised to consult with your financial advisor.