• Return to Headlines

Tanger Factory Bullish Moving Average Crossover Alert (SKT)

By Amy Schwartz

Today, shares of Tanger Factory (NYSE:SKT) have crossed bullishly above their 10-day moving average of $14.77 on a volume of 1.1 million 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 Tanger Factory have traded between a low of $13.61 and a high of $24.65 and are now at $15.28, which is 12% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 1%.

SmarTrend is tracking the current trend status for Tanger Factory and will alert subscribers who have SKT in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses tanger factory

Ticker(s): SKT