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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Tanger Inc. (NYSE:SKT)
Crossroads (+60) - SKT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SKT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SKT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SKT
The long-term trend has been UP since Nov 14th, 2023 at 25.23
The intermediate-term trend has been DOWN since Mar 14th, 2024 at 28.39
The short-term trend has been DOWN since May 1st, 2024 at 28.21
Smart Scan Analysis for SKT
Based on our trend formula, SKT is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 28.00 | 28.00 | 27.61 | 27.86 | -0.28 |
| Prev. Close | Volume | Bid | Ask | Time |
| 27.88 | 418971 | 2024-05-08 15:59:34 |
| Year High | 26.65 | Year High Date | 2018-01-02 |
| Year Low | 19.86 | Year Low Date | 2018-05-02 |
| 52wk High | 29.98 | 52wk High Date | 2024-03-04 |
| 52wk Low | 18.84 | 52wk Low Date | 2023-05-12 |
| Year End Close | 34.2 | Average Volume | 788,556 |
| Shares Outstanding | 108,917 | Short Interest | 4,455,223 |
| % Institutional | 93.9 | Market Cap | 1,596M |
| Assets | 230,116,600M | Liabilities | 174,536,900M |
| P/E Ratio | 30.6374 | Beta | 0.42 |
| Volatility | 23.52 |