user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 436473 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

American Eagle Outfitters Bullish Moving Average Crossover Alert (AEO)

Published on Tue, 02/05/2013 - 12:14
By Adrienne Chilton

Today, shares of American Eagle Outfitters (NYSE:AEO) have crossed bullishly above their 10-day moving average of $20.34 on a volume of 680K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

American Eagle Outfitters, Inc. retails men's and women's casual apparel, footwear, outerwear, and accessories. The Company's products include jeans, khakis, T-shirts, and other similar apparel. American Eagle operates in the United States.

American Eagle Outfitters has overhead space with shares priced $20.48, or 16.8% below the average consensus analyst price target of $24.61. The stock should find initial resistance at its 50-day moving average (MA) of $20.49 and further resistance at its 200-day MA of $20.50.

American Eagle Outfitters share prices have moved between a 52-week high of $23.94 and a 52-week low of $13.43 and are now trading 52% above that low price at $20.48 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.4%.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

Vale: New 52-Week Low Set Today (VALE)...

Shares of Vale (NASDAQ:VALE) traded at a new 52-week low today of $11.98. This new low ...

Shares of United Therapeutics Rise to a ...

United Therapeutics (NASDAQ:UTHR) traded today at a new 52-week high of $131.97. Appro ...

Shares of UQM Technologies Fall to a New...

UQM Technologies (AMEX:UQM) traded at a new 52-week low today of $1.18. This new low w ...

United Bankshares: 52-Week High Recently...

United Bankshares (NASDAQ:UBSI) traded at a new 52-week high today of $33.60. So far t ...

Trimas: The Losing Streak Continues (TRS...

Trimas (NYSE:TRS) traded at a new 52-week low today of $29.71. This new low was reache ...

TransCanada Looks to Continue to Trade A...

TransCanada (NYSE:TRP) traded today at a new 52-week high of $58.40. So far today appr ...

Recent 52-Week High Exceeded in Shares o...

Trinity Industries (NYSE:TRN) traded at a new 52-week high today of $50.77. This new h ...

Talisman Energy: New 52-Week Low Set Tod...

Talisman Energy (NYSE:TLM) traded at a new 52-week low today of $9.21. Approximately 5 ...