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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.
ANF — NYSE —
Current RSI of this stock is 71.93, which indicates the strength of buyers.
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.
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.
Based on our stock trading advice in Saudi Arabia, Abercrombie & Fitch stock price target will be USD 200 - USD 205 in the next 12-14 trading sessions.
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.
Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.
Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.
If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website
