• Return to Headlines

Abercrombie & Fi Bearish Moving Average Crossover Alert (ANF)

By David Diaz

Today, shares of Abercrombie & Fi (NYSE:ANF) have fallen below their 10-day MA of $28.09 on a volume of 464K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Abercrombie & Fi share prices have moved between a 52-week high of $29.20 and a 52-week low of $8.81 and are now trading 217% above that low price at $27.97 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has risen 0.4%.

SmarTrend recommended that subscribers consider buying shares of Abercrombie & Fi on November 17th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $15.45. Since that recommendation, shares of Abercrombie & Fi have risen 82.5%. We continue to monitor ANF for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses abercrombie & fi

Ticker(s): ANF