Why does stock go up?

Stock prices fluctuate based on supply and demand. When more people want to buy a stock than sell it, the price rises. Conversely, if more people want to sell than buy, the price drops.

What does it show when a stock's price increases?

A rising stock price can reflect lower interest rates, which boost spending and investment. It can also indicate positive investor sentiment due to events like elections, new products, or easing geopolitical tensions.

What is the difference between the chart periods?

Chart periods like 1d, 1wk, 1m, 3m, 6m, 1y, ytd, and max represent different historical timeframes. They help analyze short-term movements and long-term trends.

How often is the chart data updated?

The 1-day view updates in real-time during market hours. Other periods update at the end of each trading day.

Tanger Inc.

SKT•NYSE

Real EstateREIT - Retail

$30.27

$0.95(3.24%)

Why Is Tanger Inc. (SKT) Stock Up Today?

Live update on SKT's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

Day Change

3.24%

↑ 3.24%

Volume (Unusual)

705.53K

↓ 34.00%

Open / Previous Close

$29.68 / $29.32

Day Range (Low / High)

$29.46 - $30.30

Summary

Tanger Inc. (SKT) is trading up +3.24% at $30.27, reflecting a positive shift in investor sentiment today. The stock opened at $29.68 and has moved between $29.46 and $30.30 so far.

Trading volume is 705526, which is 34% below its average, and the price action suggests buying interest.

Technically, SKT is trading below its 50-day moving average of $30.99 and below its 200-day moving average of $32.95, indicating short-term and long-term weakness.

The average 1-year price target is $33.50. Meyka's AI assigns SKT a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of -2.28% in 1 month ($29.58), +42.54% in 1 year ($43.15), and +124.96% in 5 years ($68.09).

In context, the broader Real Estate sector is down -0.33% today, which may be contributing to the move.

View the full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
Stay informed and make better investment decisions.

SKT Technical Signals

Trading below 50-day moving average ($30.99)

Trading below 200-day moving average ($32.95)

Analyst Recommendations

Strong Buy

Buy

Hold

Sell

Strong Sell

Price Targets

Low$31.00

Average$33.50

High$35.00

Sector Context

The Real Estate sector is down -0.33% today, with the REIT - Retail industry contributing to the decline. This broader context may be weighing on the stock's performance.

Price Forecast

1 Month

$29.58

1 Year

$43.15

3 Years

$58.45

5 Years

$68.09

B+

Good70.00

Is this change significant?

5-Day:+0.68%

1-Month:-5.35%

3-Month:-5.12%

What's next?

Next earnings date: 7/30/2025