KR price is showing signs of strength; now it just needs volumeKroger Company (The)BATS:KRRussellShorKroger (KR) has moved into an uptrend on the daily chart, forming a higher trough followed by a higher peak. Upside momentum is improving, confirmed by a break of the downsloping trendline, while the RSI has risen above 50 — a positive sign for near-term strength. The longer RSI holds above 50, the greater the likelihood of continued price appreciation. One area that appears lacking, however, is volume, with the OBV not yet showing a corresponding pickup in accumulation. Nevertheless, the EMAs are aligned in a bullish formation, and if they begin to develop angle and separation alongside a firm RSI, KR’s price is likely to show further underlying strength.