American Eagle Outfitters, Inc. (AEO) Stock Price Performance:
Analyzing the technical facts, American Eagle Outfitters, Inc. (AEO)’s current distance from 20-Day Simple Moving Average is 15.43% and standing 16.20% away from 50-Day Simple Moving Average while traded up 22.31% from 200-Day Simple Moving Average. The stock has advanced 55.82% to a low over the previous 12 months and showed declining move -15.80% to a high over the same period. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance. They may also be used to assist the trader figure out proper support and resistance levels for the stock.
American Eagle Outfitters, Inc. (AEO) stock price is growing 5.63% to $15.94. AEO exchanged 5.45 million shares in recent session versus to the average volume of 3.75 million shares while its relative volume is 1.45. Analysts have a mean recommendation of 2.70 on this stock. The company holds 174.78 million outstanding shares and 166.64 million shares are floating in market. Institutional owners hold 87.30% stake in the company while Insiders ownership held at 0.20%. The stock has a beta value of 1.08. It sustained ROA (TTM) at 10.20%. The stock’s short float is around of 10.42% and short ratio is 4.63.
Let’s take an assessment at how American Eagle Outfitters, Inc. (AEO) has been performing. The stock go up so far this year; showing a rise of 5.08% and added with positive flow of 4.59% during recent week. The shares price has positioned 28.03% up over the past quarter while it has directed 38.61% toward a rising position throughout past six months. The shares price has directed -13.37% toward a lower level throughout last year and swapped 15.84% toward a strong spot during past one month.
Why American Eagle Outfitters, Inc. (AEO) stock is considered to be Overbought?
Currently, the 14-day Relative Strength Index (RSI) reading is at 70.26. RSI is a quick tool you can use to gauge overbought and oversold levels, the Relative Strength Index. The premise is simple, however. When RSI moves above 70, it is overbought and could lead to a downward move. When RSI moves below 30, it is oversold and could lead to an upward move. But, we must be patient before we enter our trades, because sometimes the RSI can stay overbought or oversold for quite awhile. The worst thing we can do is try to pick a top or a bottom of a strong move that continues to move into further overbought or oversold territory. So we must wait until the RSI crosses back under 70 or crosses back above 30.
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. The term Oversold describes a period of time where there has been a significant and consistent downward move in price over a period of time without much pullback. Buy/Sell Signal – A buy opportunity is signaled when the security is considered to be oversold. A sell opportunity is signaled when the security is considered to be overbought.