TANGER INC (SKT) Stock Technical Analysis
NYSE:SKT - New York Stock Exchange, Inc. - US8754651060 - REIT - Currency: USD
Overall SKT gets a technical rating of 2 out of 10. SKT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
SKT is part of the Diversified REITs industry. There are 130 other stocks in this industry. SKT outperforms 75% of them.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, SKT did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
SKT is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month SKT has a been trading in the 28.92 - 34.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, SKT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
29.77
37.47
We found 2 important support areas.
- A support zone ranging from 31.71 to 31.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 30.07 to 30.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @33.95 from a trend line in the daily time frame.
- Resistance @34.94 from a trend line in the weekly time frame.
- A resistance zone ranging from 35.82 to 36.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @37.10 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.47
Mansfield0.66
10 Day High33.05
10 Day Low28.92
20 Day High34.75
20 Day Low28.92
52 Week High37.57
52 Week Low25.94
Performance
1 Week-0.62%
2 Weeks5.95%
1 Month-3.04%
3 Month-2.9%
6 Month-5.43%
12 Month10.32%
2 Year62.47%
3 Year97.52%
5 Year323.67%
10 Year-5.12%
15 Year53.17%
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)0.08
RSI(14)47.97
LBB30.03
UBB32.82
31.86
+0.17 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.54%
1 Week-0.62%
2 Weeks5.95%
1 Month-3.04%
3 Month-2.9%
6 Month-5.43%
12 Month10.32%
2 Year62.47%
3 Year97.52%
5 Year323.67%
10 Year-5.12%
15 Year53.17%
Volatility
ATR(14)1.76
ATR(20)%4.71%
ATR Inc-34.96%
Range Today1.37
ADR(20)1.43
ADR(20)%4.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.47
Mansfield0.66
10 Day High33.05
10 Day Low28.92
20 Day High34.75
20 Day Low28.92
52 Week High37.57
52 Week Low25.94
CS1 End31.82
CR1 Start33.95
Volume & EV
DER(3)-1.62%
DER(5)-0.13%
Volume1.58M
Volume Incr-22.62%
Vol(5)870.86K
Vol(50)982.84K