TANGER INC (SKT)
US8754651060 - REIT
We assign a technical rating of 5 out of 10 to SKT. Although SKT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month SKT has a been trading in the 26.16 - 29.80 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, SKT did better than 85% of all other stocks. On top of that, SKT also shows a nice and consistent pattern of rising prices.
SKT is one of the better performing stocks in the Diversified REITs industry, it outperforms 94% of 126 stocks in the same industry.
SKT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SKT is performing more or less in line with the market.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
SKT has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
17.59
30.10
We found 3 important support areas.
- Support @26.48 from a horizontal line in the daily time frame.
- Support @25.27 from a trend line in the weekly time frame.
- Support @17.77 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 26.76 to 27.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 27.73 to 28.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 29.53 to 29.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.47
Mansfield0.05
10 Day High28.19
10 Day Low26.16
20 Day High29.8
20 Day Low26.16
52 Week High29.98
52 Week Low18
Performance
1 Week-0.85%
2 Weeks-2.37%
1 Month-6.87%
3 Month-0.67%
6 Month15.26%
12 Month41.75%
2 Year66.27%
3 Year53.7%
5 Year48.51%
10 Year-24.83%
15 Year60.98%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.17
RSI(14)36.95
LBB25.87
UBB28.99
TANGER INC
NYSE:SKT (4/19/2024, 2:58:57 PM)
26.72
-0.1 (-0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.37%
1 Week-0.85%
2 Weeks-2.37%
1 Month-6.87%
3 Month-0.67%
6 Month15.26%
12 Month41.75%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.63
ATR(20)%2.22%
ATR Inc
Range Today0.63
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High28.19
10 Day Low26.16
20 Day High29.8
20 Day Low26.16
52 Week High29.98
52 Week Low18
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume493.31K
Volume Incr-22.65%
Vol(5)575.88K
Vol(50)775.13K