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 = 433625 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Next Support Level for Abercrombie & Fitch (ANF) is $49.70

Published on Thu, 01/31/2013 - 13:39
By Robert Cotter

Abercrombie & Fitch (NYSE:ANF) has opened bearishly below the pivot of $50.48 today and has reached the first level of support at $50.13. Should the shares continue to fall, the support pivots of $49.70 and $48.92 will be of interest.

Over the past year, Abercrombie & Fitch has traded in a range of $28.64 to $54.10 and is now at $49.28, 72% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.5%.

Abercrombie & Fitch Co. is a specialty retailer that operates stores selling casual apparel, such as knit shirts, graphic t-shirts, jeans, woven shirts and personal care and other accessories for men, women and kids. The Company operates stores in the United States and Canada as well as retails its products over the Internet.

Abercrombie & Fitch has overhead space with shares priced $49.28, or 1.6% below the average consensus analyst price target of $50.09. Abercrombie & Fitch shares have support at the 50-day moving average (MA) of $47.17 and additional support at the 200-day MA of $38.98.

By Robert Cotter
rcotter@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 ...