Buy Abercrombie & Fitch | NYSE – ANF | Short Term Trading Advice | Consumer Discretionary Sector | 11th Jun 2024 | Expected Gain 8% – 11%

Stock Market
NYSE, United States of America

Stoploss reached. Trade closed.

17 days
15 Jul 2024
11 Jun 2024
Loss per
100,000 USD
17 days
-5,556
Stop-loss
15 Jul 2024
170
Buy Advice
11 Jun 2024
180 – 185
Target 1
200
Target 2
205
Profit per
100,000 USD
-5,556
170
180 – 185
200
205
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Abercrombie & Fitch
  • 180 – 185
  • 200 – 205
  • Below 170
  • 8% – 11%
  • 12 - 14 Days
  • Buy Abercrombie & Fitch
  • Buy
    Range
    180 – 185
  • Target 200 – 205
  • Stoploss Below 170
  • Upside
    Potential
    8% – 11%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Abercrombie & Fitch (NYSE: ANF) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • ANF
  • Abercrombie & Fitch
  • Consumer Discretionary
  • 196.99
  • 33.11
  • NYSE code ANF
  • Stock Name Abercrombie & Fitch
  • Sector Consumer Discretionary
  • 52 Weeks High 196.99
  • 52 Weeks Low 33.11
  • Company profile

    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.

  • Abercrombie & Fitch (NYSE: ANF) vs NYSE - Relative Strength Comparison

    The image highlights Abercrombie & Fitch's performance over the last year versus NYSE.
    Relative Performance - Last 1 Year
    ANF —   NYSE —

  • Abercrombie & Fitch (NYSE: ANF) - Technical Analysis (Daily)

    Abercrombie & Fitch - Technical Analysis chart on Daily Price and Volume
    Abercrombie & Fitch - Technical Analysis chart on Daily Price and Volume

    • 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 Indicator

    Abercrombie & Fitch stock analysis based on RSI Indicator
    Abercrombie & Fitch - RSI Indicator

    • Current RSI of this stock is 71.93, which indicates the strength of buyers.

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

    Abercrombie & Fitch stock analysis based on ADX & DI Indicator
    Abercrombie & Fitch - ADX & DI Indicator

    • 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 Indicator

    Abercrombie & Fitch stock analysis based on OBV Indicator
    Abercrombie & Fitch - OBV Indicator

    • 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 swing trading picks for US stocks, Abercrombie & Fitch stock price target will be USD 200 - USD 205 in the next 12-14 trading sessions.

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    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

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