| SKT latest price $9.1200 (2.01%) ($8.8900 - $9.1900) on Fri. Nov. 20, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.27% (three month average) |
RSI | 77 |
Latest Price | $9.1200(2.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 0.9% a day on average for past five trading days. |
Weekly Trend | SKT advances 15.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) IWN(60%) IWM(54%) XRT(54%) IWC(52%) PEJ(52%) |
Factors Impacting SKT price | SKT will decline at least -2.135% in a week (0% probabilities). VIXM(-25%) UUP(-20%) VXX(-10%) TLT(-2%) UNG(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -2.135% (StdDev 4.27%) |
Hourly BBV | 0 () |
Intraday Trend | 2.4% |
| |
|
|