| SKT latest price $19.7800 (3.4%) ($19.1900 - $20.1300) on Tue. Jun. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.26% (three month average) |
RSI | 71 |
Latest Price | $19.7800(3.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 1.2% a day on average for past five trading days. |
Weekly Trend | SKT advances 8.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) IWN(67%) IWM(64%) IVE(60%) IWD(60%) SDY(60%) |
Factors Impacting SKT price | SKT will decline at least -1.63% in a week (0% probabilities). VIXM(-33%) UUP(-23%) VXX(-12%) TBT(-1%) IGOV(-1%) |
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 | -1.63% (StdDev 3.26%) |
Hourly BBV | 1 () |
Intraday Trend | 3.1% |
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