Abercrombie's most recent trend suggests a bullish bias. One trading opportunity on Abercrombie is a Bull Put Spread using a strike $40.50 short put and a strike $35.50 long put offers a potential 9.17% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $40.50 by expiration. The full premium credit of $0.42 would be kept by the premium seller. The risk of $4.58 would be incurred if the stock dropped below the $35.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Abercrombie is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Abercrombie is bullish.
The RSI indicator is at 73.37 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Abercrombie
ABERCROMBIE & FITCH CO /DE/ Files SEC form 8-K, Regulation FD Disclosure
Thu, 12 Jun 2014 20:31:12 GMT
Doneger’s Julian Discusses Sales of Men’s Wear for Dad (Audio)
Thu, 12 Jun 2014 11:53:24 GMT
SunTrust ‘Encouraged' Following Word Of A&F's New Brand Pres, Stock Remains ‘Top Teen Pick'
Wed, 11 Jun 2014 22:21:58 GMT
Getting Its ‘It' Factor Back: Abercrombie is the Chart of the Day
Wed, 11 Jun 2014 13:21:30 GMT
[$$] Abercrombie Names Next's Angelides as Brand President
Tue, 10 Jun 2014 22:26:12 GMT
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