Abercrombie's most recent trend suggests a bullish bias. One trading opportunity on Abercrombie is a Bull Put Spread using a strike $33.00 short put and a strike $28.00 long put offers a potential 8.93% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $33.00 by expiration. The full premium credit of $0.41 would be kept by the premium seller. The risk of $4.59 would be incurred if the stock dropped below the $28.00 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 43.67 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Abercrombie
Aeropostale mulls raising capital from private equity -sources
Mon, 10 Feb 2014 19:15:36 GMT
3 Reasons Why Teenagers Aren't Buying Clothes
Mon, 10 Feb 2014 15:52:24 GMT
First Insight Announces Partnership with Abercrombie & Fitch
Wed, 05 Feb 2014 17:08:00 GMT
Business Wire – First Insight, Inc., a technology company transforming how leading retailers make product investment and pricing decisions, today announced a partnership agreement with leading global specialty retailer Abercrombie & Fitch Co .
The Demise Of American Retailing And The Black Death
Wed, 05 Feb 2014 14:32:16 GMT
Seeking Alpha – During the years 1348 AD to 1350 AD some rats escaped to Europe from merchant ships traveling from the East. The rats bore fleas that harbored a lethal bacterium. The microorganism caused the plague known …
Earnings Estimates Moving Higher for Abercrombie & Fitch (ANF): Time to Buy?
Tue, 04 Feb 2014 11:10:51 GMT
Zacks – Abercrombie & Fitch's stock not only has a decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well, suggesting that it could be a solid choice for investors….
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