Buy Abercrombie & Fitch | NYSE ANF | Naranj Capital

 BUY   Abercrombie & Fitch (NYSE: ANF)

Abercrombie & Fitch (NYSE: ANF) STOCK RECOMMENDATION

Idea BUY
Buy Range 180 – 185
Target 200 – 205
StopLoss* below 170
Duration 12-14 Trading Days
Potential Returns 8% – 11%
Idea Buy Range Target StopLoss* Duration Potential Returns
BUY 180 – 185 200 – 205 below 170 12-14 Trading Days 8% – 11%

* Once the first target hit, reset the StopLoss at your buying price.

Our recommendations are authentic and transparent. Find this recommendation posted in Tradingview. Be assured such records are permanent and irreversible.

Abercrombie & Fitch (NYSE: ANF) STOCK OVERVIEW

Abercrombie & Fitch Co. is a multinational retailer that operates across various regions including the United States, Europe, the Middle East, Asia, the Asia-Pacific, Canada, and other international markets. The company specializes in offering a wide range of clothing, personal care items, and accessories for men, women, and children under its brands Abercrombie & Fitch, abercrombie kids, Hollister, and Gilly Hicks. In addition to its physical stores, Abercrombie & Fitch also sells its products through wholesale, franchise, and licensing agreements, as well as online platforms. Established in 1892, the company is headquartered in New Albany, Ohio.

Stock Data
NYSE Symbol ANF
Sectoral Index Consumer Discretionary: Clothing
52 Weeks High 196.99
52 Weeks Low 33.11

Abercrombie & Fitch (NYSE: ANF) - RELATIVE STRENGTH

ANF-RELATIVE STRENGTH

Relative Performance - Last 1 Year

Abercrombie & Fitch —     NYSE —

Abercrombie & Fitch (NYSE: ANF) - DAILY TECHNICAL ANALYSIS

Abercrombie & Fitch (NYSE: ANF) - Technical Analysis (Daily)
  • The price has been steadily rising, consistently creating higher highs and lows.
  • Following a brief period of consolidation, it successfully surpassed its previous resistance level.
  • At present, the price is hovering close to its All Time High, accompanied by a decent trading volume.
  • If the price sustains above the 170 level and more upside move possible.

Abercrombie & Fitch (NYSE: ANF) - RSI

Abercrombie & Fitch (NYSE: ANF) - RSI
  • Current RSI of this stock is 71.93, which indicates the strength of buyers.

Abercrombie & Fitch (NYSE: ANF) - ADX & DI

ANF-ADX & DI
Abercrombie & Fitch (NYSE: ANF) - ADX & DI
  • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

Abercrombie & Fitch (NYSE: ANF) - OBV

ANF-OBV
Abercrombie & Fitch (NYSE: ANF) - OBV
  • The OBV line is moving in the same upward direction which means there is a positive sentiment in the market. Also the significant price up move accompanying with increasing OBV volume suggests strong buying pressure.

CONCLUSION - Abercrombie & Fitch (NYSE: ANF) STOCK PRICE FORECAST

Based on our stock trading advice in USA, Abercrombie & Fitch stock price target will be USD 200 – USD 205 in the next 12-14 trading sessions.

Abercrombie & Fitch (NYSE: ANF) TRADINGVIEW POSITION UPDATE

MONEY MANAGEMENT AND TRADING RULES

1)  It’s advisable to enter/exit in the recommended range.
2)  Strictly follow the StopLoss as mentioned. Honour it.
3)  Use trailing StopLoss to retain profits.
4)  Diversify trading capital into our other trading recommendations.
5)  Risk only the money what you can afford to lose. Hedge accordingly.

Advisor / ANALYST SUMMARY

The stock trading advice is prepared by the Naranj Capital team under the guidance of Arijit Banerjee, CMT, CFTe. Arijit is a veteran trader and an active investor having in-depth knowledge of financial market research, advanced technical analysis, market cycle, algorithmic trading, and portfolio management. He is a Chartered Market Technician (CMT) accredited by CMT Association USA, the global authority of Technical Analysis and also has been honored as a Certified Financial Technician (CFTe) by the International Federation of Technical Analysts, USA.

Disclosure

The views expressed herein are based solely on information available publicly/internal data/other sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to accuracy. The recommendations provided herein is solely for informational purposes and are not intended to be and must not be taken alone as the basis for an investment/trading decision. Trading and investing are subject to market risk and the securities discussed and opinions expressed herein may not be suitable for all investors. To read the full disclosure, please click here.

Enjoy this recommendation?
Share with your friends

Your return could be more

PROFITABLE!

access our premium recommendations

🇺🇸  A1 Trading Advice

USA Stock Markets NYSE & NASDAQ

Navigate the market like a pro with expert trading signals at your fingertips. Unlock valuable insights and stay ahead of the game.

Pricing

Pricing (in USD)

Email Newsletter

Get Free Saudi Stock Trading Advice

We respect your privacy.

For Any Queries, Call or Whatsapp +91-8335058282

You cannot copy content of this page