Kroger Stock Extends Slide With 3.87% Four-Day Loss As Bearish Signals Mount

The Kroger (KR) experienced a 2.26% decline in the most recent trading session, marking the fourth consecutive day of losses with a cumulative 3.87% drop during this period, signaling persistent bearish pressure.
Candlestick Theory
Recent candlestick patterns reveal a clear downtrend with a succession of lower highs and lower lows. The 2025-09-30 bullish candle (high: $67.46) failed to sustain momentum, leading to four bearish candles that breached support near $66.00. The $64.37 low from 2025-09-23 now acts as critical support, while immediate resistance resides at $66.30 (recent congestion zone) followed by the $67.40–$67.50 range where multiple prior rallies stalled.
Moving Average Theory
The 50-day moving average ($67.80) decisively crossed below the 100-day moving average ($68.40) in late September, confirming a medium-term bearish structure. Both averages slope downward and sit well above the current price of $64.80, validating sustained selling pressure. The 200-day MA ($67.50) further reinforces resistance, creating a layered barrier overhead.
MACD & KDJ Indicators
The MACD histogram remains submerged below its signal line, reflecting entrenched bearish momentum. However, the histogram’s narrowing trajectory suggests weakening downside velocity. Concurrently, the KDJ oscillator shows the %K line at 20 and %D at 25—approaching oversold territory—but without a bullish crossover. This divergence implies potential exhaustion in the selloff, though reversal confirmation remains absent.
Bollinger Bands
Bollinger Bands expanded sharply during the mid-October breakdown, indicating volatility surge. Price now trades near the lower band ($64.50), typically a contrarian signal but one requiring confirmation given the dominant downtrend. The bandwidth contraction initiating on 2025-10-02 hints at an impending volatility spike—likely directional—upon breakout from the $64.37–$66.30 range.
Volume-Price Relationship
Distribution patterns dominate, with higher volume accompanying down days (e.g., 8.48 million shares traded during the 2.26% decline on 2025-10-06). Rally attempts saw muted volume (e.g., 4.43 million shares on 2025-10-02), invalidating bullish commitment. The absence of volume-supported upside underscores the fragility of rebounds.
Relative Strength Index (RSI)
The 14-day RSI at 35 approaches oversold levels but has yet to breach the 30 threshold that historically triggered reversals. Notably, it failed to reach oversold territory during the current decline, diverging from price action and implying residual selling pressure. Traders should await <30 readings with bullish reversal confirmation for tactical entries.
Fibonacci Retracement
Applying Fibonacci to the dominant downtrend from the $74.11 high (2025-06-23) to the $64.37 low (2025-09-23) yields key levels: 61.8% retracement at $68.09, 50% at $69.24, and 38.2% at $70.39. Short-term analysis of the bounce off $64.37 shows rejection at the 61.8% level ($66.25) on 2025-10-06, validating this zone as resistance. Confluence exists near $66.30 where Fibonacci and prior price action align.
Confluence and Divergence:
Confluence emerges at $66.25–$66.30, where Bollinger Band midline resistance, Fibonacci retracement, and prior price pivots intersect. The RSI’s divergence from price (failing to reach extreme lows) contrasts with KDJ’s oversold signal, suggesting internal market tension. Resolution below $64.37 would target $63.50, while a volume-backed close above $66.30 invalidates the immediate bearish structure.