$AEO #USA #NYSE #AmericanEagle #Stocks #Retailers
American Eagle Outfitters
Last month volatility was 6.63%: Don’t Ignore this Blaring Warning Signal
American Eagle Outfitters, Inc. is a multi-brand specialty retailer.
The Company offers a range of apparel and accessories for men and women under the American Eagle brand and intimates, apparel and personal care products for women under the Aerie brand.
It operates stores in the United States, Canada, Mexico and Hong Kong.
The Company operates and licenses approximately 1,300 retail stores and are online at www.ae.com and www.aerie.com in the United States and internationally.
Its company-owned retail stores are located in shopping malls, lifestyle centers and street locations in the United States, Canada, Mexico and Hong Kong.
Its other brands include Tailgate and Todd Snyder New York. Tailgate is an apparel brand with a college town store concept .
Todd Snyder New York is a menswear brand and operates approximately two Todd Snyder New York brand stores.
The Company operates approximately 940 American Eagle stores and over 148 Aerie stand-alone stores.
Overall, the bias in prices is: Downwards.
The projected upper bound is: 12.17.
The projected lower bound is: 9.24.
The projected closing price is: 10.70.
A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 4 white candles and 6 black candles for a net of 2 black candles. During the past 50 bars, there have been 25 white candles and 24 black candles for a net of 1 white candles.
Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 25.7812. This is not an overbought or oversold reading. The last signal was a buy 0 period(s) ago.
Relative Strength Index (RSI)
The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 47.51. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 21 period(s) ago.
Commodity Channel Index (CCI)
The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -101.This is an oversold reading. However, a signal isn’t generated until the indicator crosses above -100. The last signal was a buy 6 period(s) ago.
The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 17 period(s) ago.
Rex Takasugi – TD Profile
AMER EAGLE OUTF closed up 0.370 at 10.660. Volume was 28% below average (neutral) and Bollinger Bands were 43% narrower than normal.
Open High Low Close Volume 10.300 10.750 10.230 10.660 980,502
Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bearish
Moving Averages: 10-period 50-period 200-period Close: 10.82 10.16 12.50 Volatility: 69 90 93 Volume: 1,050,236 1,308,950 1,096,990
Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.
AMER EAGLE OUTF is currently 14.7% below its 200-period moving average and is in an downward trend. Volatility is low as compared to the average volatility over the last 10 periods.
Our volume indicators reflect volume flowing into and out of AEO.N at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bearish on AEO.N and have had this outlook for the last 7 periods.
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