ACCESSWIRE
21 Nov 2023, 02:55 GMT+10
JERICHO, NY / ACCESSWIRE / November 20, 2023 / StockRSI.com computes a daily Relative Strength Index (RSI) calculation across major stocks like Kroger (KR), in order to calculate an indicator of oversold/overbought conditions within in our coverage universe.
This RSI calculation reveals that over the past several months, KR shares have gone from levels exceeding our 'Overbought' threshold (above a reading of 70), down to a current value below our 'Oversold' threshold (below a reading of 30), coming in at 27.71 as of 11/17/2023, making it the currently most oversold stock in the S&P 500 index according to our calculations.
For details, visit our KR Technical Analysis page to view our current RSI chart for Kroger as well as 50 and 200 day moving averages and the corresponding moving average convergence/divergence chart. (Similar pages are also presented for other stocks that appear on our 10 Most Oversold S&P 500 Stocks page).
About StockRSI.com & Technical Analysis Channel
A free service of BNK Invest Inc., Technical Analysis Channel was launched with the concept of applying useful technical analysis indicators to the most important companies in the US stock market (the main indicators being stock RSI, stock DMA, and stock MACD), and applying those indicators to the trading patterns of stocks as well as other (digital) traded assets. The resulting research website allows users to explore the current overbought/oversold readings for popular stocks in order to help make better trading and investing decisions.
Contact: info@bnkinvest.com
SOURCE: BNK Invest, Inc.
Get a daily dose of Albuquerque Express news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Albuquerque Express.
More InformationIn a devastating turn of events, Israel's war on Gaza, sparked by Hamas's unprecedented attacks on October 7, has resulted ...
BATON ROUGE, Louisiana: In a Louisiana election where more than 43,000 people cast their ballots, a candidate for parish sheriff ...
LIVINGSTON, Kentucky: This week, railroad operator CSX said a train derailment involving 16 cars, two of which spilled molten sulfur ...
Fifty-seven journalists have been killed as of Saturday as a result of Israel's war on Gaza, which has extended to ...
TEL AVIV, Israel - Following Taoiseach Leo Varadkar's statement on Emily Hand's release, Israel's foreign minister says he summoned the ...
WASHINGTON D.C.: The White House says U.S. authorities have foiled a plot to kill a Sikh separatist in the U.S., ...
NEW DELHI, India: On November 24, the Economic Times (ET) reported that Tesla is ready to invest up to $2 ...
NEW YORK, New York - U.S. stocks closed in positive territory despite a volatile day Tuesday. Spending much time in ...
WASHINGTON D.C.: On November 24, the U.S. Food and Drug Administration (FDA) recalled three more brands of whole and pre-cut ...
DETROIT, Michigan: US electric vehicle (EV) sales are expected to reach a record of 9% of all passenger vehicles this ...
NEW YORK, New York - U.S. stocks closed marginally lower as traders returned to their desks Monday following the Thanksgiving ...
OMAHA, Nebraska: On November 21, Warren Buffett announced a donation of Berkshire Hathaway stocks worth some US$866 million to four ...