American Eagle Stock Boasts Attractive Entry Point
AEOAmerican Eagle Outfitters(AEO) Schaeffers Research·2024-02-08 01:01

American Eagle Outfitters Inc (NYSE:AEO) is underperforming the broader market, down 1.9% in 2024, versus a 4.6% year-to-date gain for the SPDR S&P 500 ETF Trust (SPY). Last seen down 0.6% at 20.77thisafternoon,AEOcontinuestodistanceitselffromitsJan.12,52weekhighof20.77 this afternoon, AEO continues to distance itself from its Jan. 12, 52-week high of 21.68. However, a historically bullish signal indicates this recent pullback could lead to good things in the near future for the apparel retailer. This is because American Eagle Outfitters stock just came within one standard dev ...