G-III Apparel Group, Ltd. (GIII) has demonstrated strong upward momentum, trading above its 200-day and 50-day simple moving averages (SMA). SMA is a key indicator of price stability and long-term bullish trends. As of Friday, GIII was trading at $31.71, which surpassed both its 200-day and 50-day SMA of $28.98 and $27.13, respectively, highlighting a continued uptrend. SMA is a key tool in technical analysis used to assess price trends by smoothing out short-term fluctuations, offering a clearer view of th ...