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Tanger Factory Has Returned 31.6% Since SmarTrend Recommendation (SKT)

By James Quinn

SmarTrend identified a Downtrend for Tanger Factory (NYSE:SKT) on February 20th, 2019 at $21.47. In approximately 6 months, Tanger Factory has returned 31.64% as of today's recent price of $14.68.

In the past 52 weeks, Tanger Factory share prices have been bracketed by a current low of $14.65 and a high of $24.91 and are now at $14.68. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 0.7%.

Tanger Factory Outlet Centers, Inc. (NYSE:SKT), is a publicly-traded REIT headquartered in Greensboro, North Carolina that operates and owns, or has an ownership interest in, a portfolio of 44 upscale outlet shopping centers.

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

Log in and add Tanger Factory (SKT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights tanger factory

Ticker(s): SKT