Tanger Inc

SKT remains in a Stage 2 advancing phase with clear higher-highs and higher-lows structure. A recent Bullish Exhaustion signal warns of waning upside momentum, but the pullback into the 9- and 20-day EMA support zone presents a favorable buying opportunity for continuation. A decisive close below the 9-day EMA would invalidate the bullish stance and risk deeper pullbacks.

• ↑Core FFO rose 10.3% YoY to $0.64/share, driven by strong leasing.
• ↑Same-center NOI increased 3.5% on higher base rents and tenant sales.
• ↓Occupancy may slip amid higher gas costs and uneven consumer spending.