- 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.
J.P. Morgan analyst Matthew Boss downgraded shares of specialty-apparel retailer Urban Outfitters to Underweight. He’s concerned about sales going forward.
Urban Outfitters (URBN) posts dismal sales data for the holiday period. Gross margin is likely to deleverage by several hundred basis points in the fourth quarter of fiscal 2021.
The apparel retailer’s same-store sales were down about 9% in November and December compared to the year before. Analysts had estimated sales would be flat.
Urban Outfitters reported soft holiday sales and a new management team with CEO Trish Donnelly stepping down at the end of the month.
Current CEO Trish Donnelly will exit at the end of the month to pursue other opportunities.
Stocks moving in premarket trading on Wednesday include Urban Outfitters, General Motors, Target and Urban Outfitters.
Trish Donnelly will leave her post as CEO of the Urban Outfitters brand at the end of the month. Meanwhile, sales fell across all brands except Free People during the holidays.
PHILADELPHIA, Jan. 12, 2021 (GLOBE NEWSWIRE) -- Urban Outfitters, Inc. (NASDAQ:URBN), a leading lifestyle products and services company which operates a portfolio of global consumer brands comprised of the Anthropologie, BHLDN, Free People, FP Movement, Terrain, Urban Outfitters, Nuuly and Menus & Venues brands, today announced net sales for the two and eleven months ended December 31, 2020. Total Company net sales for the two months ended December 31, 2020, decreased 8.4% over the same period ...