Tanger Factory Outlet Stock Technical Analysis

SKT Stock  USD 26.82  0.34  1.28%   
As of the 19th of April, Tanger Factory has the Risk Adjusted Performance of 0.0138, coefficient of variation of 7676.63, and Semi Deviation of 1.5. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tanger Factory Outlet, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to collect data for nineteen technical drivers for Tanger Factory Outlet, which can be compared to its competition. Please validate Tanger Factory Outlet variance and potential upside to decide if Tanger Factory is priced more or less accurately, providing market reflects its prevalent price of 26.82 per share. Given that Tanger Factory Outlet has jensen alpha of (0.07), we advise you to double-check Tanger Factory Outlet's current market performance to make sure the company can sustain itself at a future point.

Tanger Factory Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tanger, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Tanger
  
Tanger Factory's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Tanger Factory Analyst Consensus

Target PriceAdvice# of Analysts
22.71Buy8Odds
Tanger Factory Outlet current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Tanger analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Tanger stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Tanger Factory Outlet, talking to its executives and customers, or listening to Tanger conference calls.
Tanger Analyst Advice Details
Tanger Factory technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Tanger Factory technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tanger Factory trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Tanger Factory Outlet Technical Analysis

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Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Tanger Factory Outlet volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Tanger Factory Outlet Trend Analysis

Use this graph to draw trend lines for Tanger Factory Outlet. You can use it to identify possible trend reversals for Tanger Factory as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Tanger Factory price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Tanger Factory Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Tanger Factory Outlet applied against its price change over selected period. The best fit line has a slop of   0.01  , which may imply that Tanger Factory Outlet will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 2.49, which is the sum of squared deviations for the predicted Tanger Factory price change compared to its average price change.

About Tanger Factory Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Tanger Factory Outlet on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Tanger Factory Outlet based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tanger Factory Outlet price pattern first instead of the macroeconomic environment surrounding Tanger Factory Outlet. By analyzing Tanger Factory's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Tanger Factory's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Tanger Factory specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.03740.04530.03580.0688
Price To Sales Ratio4.544.26.253.62

Tanger Factory April 19, 2024 Technical Indicators

Most technical analysis of Tanger help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Tanger from various momentum indicators to cycle indicators. When you analyze Tanger charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Tanger Factory Outlet is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Tanger Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tanger Factory Outlet Stock. Highlighted below are key reports to facilitate an investment decision about Tanger Factory Outlet Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tanger Factory Outlet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for Tanger Stock analysis

When running Tanger Factory's price analysis, check to measure Tanger Factory's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tanger Factory is operating at the current time. Most of Tanger Factory's value examination focuses on studying past and present price action to predict the probability of Tanger Factory's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tanger Factory's price. Additionally, you may evaluate how the addition of Tanger Factory to your portfolios can decrease your overall portfolio volatility.
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Is Tanger Factory's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tanger Factory. If investors know Tanger will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tanger Factory listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.29
Dividend Share
1.01
Earnings Share
0.92
Revenue Per Share
4.515
Quarterly Revenue Growth
0.097
The market value of Tanger Factory Outlet is measured differently than its book value, which is the value of Tanger that is recorded on the company's balance sheet. Investors also form their own opinion of Tanger Factory's value that differs from its market value or its book value, called intrinsic value, which is Tanger Factory's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tanger Factory's market value can be influenced by many factors that don't directly affect Tanger Factory's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tanger Factory's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tanger Factory is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tanger Factory's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.