American Eagle Outfitters: Trading up to the 200 Day EMA (NYSE:AEO)

by Josh American Eagle Outfitters Inc. ($AEO) is crossing above the 200 day exponential moving average (EMA) here shortly before the noon hour. Technical traders will be watching the price action as shares near the 200 day simple moving average (SMA), currently at $19.79. Shares been printing lower highs since last October. The most recent attempt on the 200 day SMA was back on May earnings.

Shares are trading within the normal range with 816,773 shares traded here two hours into the trading day.

52 Week Range $17.37-$23.94 Market Cap 3,762,883,867 Average Volume 2,566,144 Dividend Yield 2.59% Institutional Ownership 12.20% Insider Ownership: 2.60% Percentage of Float Short 2.90% Beta 0.95

American Eagle Outfitters Inc. is above the 50 day moving average and below the 200 day moving average. These are bullish, bullish indicators respectively.

American Eagle Outfitters Inc. American Eagle Outfitters, Inc. offers a range of clothing, accessories and personal care products under the American Eagle Outfitters and aerie brands.

Articles