| SKT latest price $13.7000 (2.62%) ($13.5950 - $15.9200) on Mon. Jan. 25, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.57% (three month average) |
RSI | 77 |
Latest Price | $13.7000(2.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 1.6% a day on average for past five trading days. |
Weekly Trend | SKT advances 10.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) IWN(58%) XRT(54%) IWM(53%) IWC(51%) PEJ(51%) |
Factors Impacting SKT price | SKT will decline at least -2.285% in a week (0% probabilities). VIXM(-25%) UUP(-20%) VXX(-10%) TBT(-1%) TLT(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.285% (StdDev 4.57%) |
Hourly BBV | 0 () |
Intraday Trend | -1.8% |
| |
|
|