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Downtrend Call Working As Abercrombie & Fitch Stock Falls 41.1% (ANF)

By Nick Russo

SmarTrend identified a Downtrend for Abercrombie & Fitch (NYSE:ANF) on April 8th, 2016 at $28.76. In approximately 3 months, Abercrombie & Fitch has returned 41.07% as of today's recent price of $16.95.

In the past 52 weeks, shares of Abercrombie & Fitch have traded between a low of $15.42 and a high of $32.83 and are now at $16.97, which is 10% above that low price. 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%.

Abercrombie & Fitch Co. is a specialty retailer that operates stores selling casual apparel, such as knit shirts, graphic t-shirts, jeans, woven shirts and personal care and other accessories for men, women and kids. The Company operates stores in the United States and Canada as well as retails its products over the Internet.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Abercrombie & Fitch.

Log in and add Abercrombie & Fitch (ANF) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights Abercrombie & Fitch

Ticker(s): ANF