Wednesday, May 18, 2011

Kroger - Barchart Chart of the Day

Barchart.coms Chart of the Day - Kroger Company (KR)
Related Stocks
 KR - Kroger Company
Sym Last Chg Pct
KR 25.31 +0.33 +1.32%
The "Chart of the Day" is Kroger Company (KR), which showed up on Tuesday's Barchart "Top 10 Performers" list with a 100% Buy for Today's Opinion and also on the new Barchart "52-week High" list. Kroger on Tuesday posted an outside day up, closing up 1.32% and posting a new 2-1/2 year high of $25.35. TrendSpotter has been Long on Kroger since May 10 at $24.49. In recent news on the stock, Kroger on March 3 reported fiscal Q4 EPS of 46 cents versus the consensus of 44 cents and announced a $1 billion stock repurchase program. Kroger Company, with a market cap of $15 billion, is one of the larger grocery retailers in the United States.

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How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "Signals - Top 100 Stocks" list. The Top 100 Stocks ranks stocks by a combination of their overall opinion, signal strength and signal direction to come up with a list of the top 100 stocks by opinion. Each analytic used within the signals is rated by signal strength and direction. The strengths are allocated 10, 20, 30, 40 or 50 points; the directions are allocated 1, 2, 3, 4 or 5 points. This gives a maximum of 55 points per signal. The totals are added up depending on buy, sell and hold rating and ranked 1 to 100 for the top 100 bullish stocks and the top 100 bearish stocks. The signal strength and signal direction ratings are available from the advanced opinion pages. Signal strength and signal direction are independent of the signals rating.
Barchart's Opinion trading systems are all a Buy and Barchart's daily TrendSpotter trading system is a "Buy." Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
  • TrendSpotter: Buy
  • Short-Term Indicators: 100% Buy
  • Medium-Term Indicators: 10% Buy
  • Long-Term Indicators: 100% Buy
  • Overall Average 100% Buy


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