Kroger Company’s stock price (KR) returned higher in the intraday levels, amid the dominance of the main upward trend in the short term, with positive pressure from the 50-day SMA, countered with negative signals from the RSI after reaching overbought levels, hindering upcoming gains. 

Therefore we expect the stock to return higher, targeting the main resistance at 60.00, provided the current resistance of 55.45 was reliably pierced.

Trend forecast: Bullish