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SKT forms Bearish Engulfing on June 26

SwingTradeBot Nightly Stock Scan: Tanger Factory Outlet Centers, Inc. (SKT) — Technical Patterns & Alerts · Jun 26, 2026, 17:38 ET
SKT finished lower by 1.48% on Friday, June 26th, trading 1.3 times its typical volume. Multiple bearish signals emerged — New 52 Week High and Bearish Engulfing — suggesting potential weakness ahead. Key support levels exist at 40.15, 39.82 & 39.19, with resistance at 41.12, 41.75 & 42.08. Meanwhile, Slow Stochastic is showing overbought conditions.

Current SwingTradeBot Technical Rating of SKT: A

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Tanger Inc. (SKT)