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SKT forms Hammer Candlestick on August 7

SwingTradeBot Nightly Stock Scan: Tanger Factory Outlet Centers, Inc. (SKT) — Technical Patterns & Alerts · Aug 7, 2026, 20:06 ET
On Friday, August 7th, SKT moved down 0.03% while volume was to 0.8× the usual levels. reversal patterns (Doji - Bullish?) combined with consolidation patterns (NR7) suggest a potential shift in market dynamics. Key support levels exist at 39.02, 38.72 & 38.55, with resistance at 39.49, 39.66 & 39.96. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.

Current SwingTradeBot Technical Rating of SKT: C

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Tanger Inc. (SKT)