- A moving average of Short volume ratio is at a recent 2 week high. A high short volume ratio indicate selling presures.
- MACD is crossing MACD signal line at 0.3. MACD crossing signal line is bullish signal.
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes fromFinra
Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Does Abercrombie & Fitch (ANF) have what it takes to be a top stock pick for momentum investors? Let's find out.
Abercrombie (ANF) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Abercrombie & Fitch (ANF) has issued an upbeat outlook for Q4 driven by solid fiscal fourth quarter to date performance, including the holiday season sales period.
Abercrombie & Fitch (ANF) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.
Armed with new stimulus checks, consumers appear to be in the mood to shop again.
Ohio-based apparel retailer Abercrombie & Fitch’s shares soared on Monday after the company said net sales would decline lower than previously expected as strong digital sales offset store closures and capacity restrictions in North America and EMEA due to the COVID-19 pandemic.
The company says net sales may be down slightly less than expected, and that it's entering 2021 strong.
The digital side of the business stays strong while brick mortar is hampered by the pandemic.