| SKT latest price $16.5000 (1.1%) ($16.2250 - $16.6100) on Wed. Nov. 6, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.22% (three month average) |
RSI | 57 |
Latest Price | $16.5000(1.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 0.1% a day on average for past five trading days. |
Weekly Trend | SKT declines -1.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) EEM(21%) INDA(21%) SPLV(21%) VWO(21%) DIA(20%) |
Factors Impacting SKT price | SKT will decline at least -1.11% in a week (0% probabilities). VIXM(-9%) VXX(-7%) TLT(-5%) BWX(-2%) UNG(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.11% (StdDev 2.22%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
| |
|
|