Kroger (KR) is Overbought, What's Next?


Investors have definitely seen some solid trading in The Kroger Co. (KR) lately, leading to gains for some. However, KR is now in overbought territory thanks to its latest move, as the firm has an RSI value of 70.8. Additionally, Kroger currently has a Zacks Rank #4 (Sell), so if the earnings estimate trend is any guide, a fall might be coming for this overbought stock.

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