| SKT latest price $21.3400 (4.35%) ($20.5600 - $22.2200) on Wed. Nov. 3, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.92% (three month average) |
RSI | 80 |
Latest Price | $21.3400(4.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 4.9% a day on average for past five trading days. |
Weekly Trend | SKT advances 4.4% a week on average for past two weeks. |
Market Behavior | Broad based rally 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%) SDY(62%) IVE(61%) IWD(61%) |
Factors Impacting SKT price | SKT will decline at least -1.46% in a week (0% probabilities). VIXM(-34%) UUP(-22%) VXX(-11%) IGOV(-7%) TBT(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.46% (StdDev 2.92%) |
Hourly BBV | 0.9 () |
Intraday Trend | 3.5% |
| |
|
|