| SKT latest price $8.7700 (4.9%) ($8.1900 - $8.9300) on Tue. Nov. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.16% (three month average) |
RSI | 72 |
Latest Price | $8.7700(4.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 6% a day on average for past five trading days. |
Weekly Trend | SKT advances 6.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) IWN(61%) IWM(54%) SDY(54%) PEJ(53%) XRT(53%) |
Factors Impacting SKT price | SKT will decline at least -2.08% in a week (0% probabilities). VIXM(-27%) UUP(-19%) EDOC(-11%) VXX(-10%) TLT(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -2.08% (StdDev 4.16%) |
Hourly BBV | 0 () |
Intraday Trend | 7.1% |
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