Trading Higher on Heavy Volume are Shares of Kroger on 1.2x Above-Average Volume (KR)
19 hours 26 minutes ago - Financial News Network Online - Unusual Volume via Comtex
Kroger's stock is up 1.4% to $22.65 on heavy trading volume. About 5.7 million shares have been traded today, as compared to the 30-day average volume of 4.7 million shares. Spikes in volume can validate a breakout or signify a potential turning point.
There is potential upside of 14.0% for shares of Kroger based on a current price of $22.65 and an average consensus analyst price target of $25.82. The stock should hit resistance at its 200-day moving average (MA) of $23.13, as well as support at its 50-day MA of $22.20.