ABERCROMBIE & FITCH CO-CL A (ANF) Stock Technical Analysis
NYSE:ANF - New York Stock Exchange, Inc. - US0028962076 - Common Stock - Currency: USD
Taking everything into account, ANF scores 4 out of 10 in our technical rating. In the past year, ANF was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is only medium, ANF does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 91.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 89.33, a Stop Loss order could be placed below this zone.
More info and screens
76.90
We found 2 important support areas.
- A support zone ranging from 86.99 to 89.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @77.68 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 91.60 to 91.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @139.13 from a trend line in the weekly time frame.
- Resistance @149.34 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ANF is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ANF is up. |
| ChartMill Relative Strength | 12.18 | NEGATIVE | ANF has a low relative strength, it was outperformed by 87.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ANF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ANF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ANF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.43 | NEUTRAL | The RSI value for ANF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.57 | POSITIVE | The MACD value suggests ANF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.29 | NEUTRAL | The Stochastics value for ANF is a neutral value. |
| Average True Range in percent/ATR (20) | 3.92 | MEDIUM VOLATILITY | The ATR as a percentage value for ANF suggests some volalility. |
| Average Directional Index/ADX (14) | 31.47 | POSITIVE | The high ADX value value for ANF suggests a strong trend. |
89.34
+1.1 (+1.25%)