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Abercrombie & Fi Crosses Above its 10-day MA (ANF)

By Nick Russo

Abercrombie & Fi (NYSE:ANF) shares have crossed bullishly above their 10-day moving average of $25.83 on a volume of 563K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Abercrombie & Fi have traded between a low of $8.81 and a high of $29.20 and are now at $25.97, which is 195% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 1.0% while the 50-day MA has declined 0.3%.

SmarTrend is monitoring the recent change of momentum in Abercrombie & Fi. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Abercrombie & Fi in search of a potential trend change.

Keywords: moving crosses abercrombie & fi

Ticker(s): ANF