| SKT latest price $17.4500 (-3.11%) ($17.3100 - $17.9700) on Fri. Apr. 30, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.73% (three month average) |
RSI | 57 |
Latest Price | $17.4500(-3.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 0.6% a day on average for past five trading days. |
Weekly Trend | SKT advances 3.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) IWN(67%) IWM(64%) IWC(60%) IWD(60%) IVE(59%) |
Factors Impacting SKT price | SKT will decline at least -1.865% in a week (0% probabilities). VIXM(-35%) UUP(-23%) VXX(-13%) TBT(-1%) TLT(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.865% (StdDev 3.73%) |
Hourly BBV | -1.2 () |
Intraday Trend | -2.8% |
| |
|
|