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

By David Diaz

Today, shares of Abercrombie & Fi (NYSE:ANF) have crossed bullishly above their 10-day moving average of $25.11 on a volume of 332K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Abercrombie & Fi has traded in a range of $8.81 to $29.20 and is now at $25.46, 189% above that low. The 200-day and 50-day moving averages have moved 1.07% higher and 0.21% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Abercrombie & Fi and will alert subscribers who have ANF in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses abercrombie & fi

Ticker(s): ANF