| SKT latest price $17.7400 (9.24%) ($16.5000 - $18.8800) on Wed. Mar. 3, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.9% (three month average) |
RSI | 78 |
Latest Price | $17.7400(9.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 1.7% a day on average for past five trading days. |
Weekly Trend | SKT advances 6.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) IWN(66%) IWM(60%) IVE(57%) IWD(57%) PEJ(57%) |
Factors Impacting SKT price | SKT will decline at least -2.45% in a week (0% probabilities). VIXM(-32%) UUP(-22%) VXX(-12%) TLT(-1%) IGOV(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.45% (StdDev 4.9%) |
Hourly BBV | 1.5 () |
Intraday Trend | 5.6% |
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