Technical Analysis for SKT - Tanger Factory Outlet Centers, Inc.

Grade Last Price % Change Price Change
C 16.57 3.82% 0.61
SKT closed up 3.82 percent on Friday, May 14, 2021, on 43 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
Historical SKT trend table...

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bearish Centerline Cross Bearish 3.82%
Lower Bollinger Band Walk Weakness 3.82%
Stochastic Reached Oversold Weakness 3.82%
Lower Bollinger Band Touch Weakness 3.82%
Oversold Stochastic Weakness 3.82%
BB Squeeze Ended Range Expansion 6.42%
Outside Day Range Expansion 6.42%
Older End-of-Day Signals for SKT ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Tanger Factory Outlet Centers, Inc. Description

Tanger Factory Outlet Centers, Inc. operates as a real estate investment trust (REIT). The company, through its subsidiary, Tanger Properties Limited Partnership, engages in acquiring, developing, owning, operating, and managing factory outlet shopping centers. As of September 30, 2005, Tanger owned and operated 33 factory outlet centers in 22 states totaling 8.7 million square feet of gross leasable area. It also provides development, leasing, and management services for its outlet centers. The company has elected to be taxed as a REIT under the Internal Revenue Code. As a REIT, it would not be subject to Federal income taxes provided it distributes at least 90% of its taxable income to its shareholders. Tanger Factory Outlet Centers was founded by Stanley K. Tanger in 1981. The company is headquartered in Greensboro, North Carolina.


Classification

Sector: Real Estate
Industry: REIT - Retail
Keywords: Real Estate Investment Trust Outlet Store Shopping Mall Shopping Malls

Is SKT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 22.4
52 Week Low 5.46
Average Volume 2,279,195
200-Day Moving Average 11.14
50-Day Moving Average 16.66
20-Day Moving Average 16.99
10-Day Moving Average 16.73
Average True Range 0.84
ADX 17.59
+DI 19.26
-DI 24.32
Chandelier Exit (Long, 3 ATRs ) 16.30
Chandelier Exit (Short, 3 ATRs ) 17.98
Upper Bollinger Band 18.48
Lower Bollinger Band 15.49
Percent B (%b) 0.36
BandWidth 17.56
MACD Line -0.06
MACD Signal Line 0.12
MACD Histogram -0.1811
Fundamentals Value
Market Cap 1.55 Billion
Num Shares 93.5 Million
EPS 1.26
Price-to-Earnings (P/E) Ratio 13.15
Price-to-Sales 2.30
Price-to-Book 2.79
PEG Ratio 4.90
Dividend 1.43
Dividend Yield 8.63%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 17.29
Resistance 3 (R3) 17.23 16.94 17.17
Resistance 2 (R2) 16.94 16.75 16.97 17.13
Resistance 1 (R1) 16.75 16.64 16.85 16.81 17.09
Pivot Point 16.46 16.46 16.50 16.49 16.46
Support 1 (S1) 16.27 16.27 16.37 16.33 16.05
Support 2 (S2) 15.98 16.16 16.01 16.01
Support 3 (S3) 15.79 15.98 15.97
Support 4 (S4) 15.85