| SKT latest price $20.5200 (-3.89%) ($20.4150 - $21.3900) on Mon. Nov. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.89% (three month average) |
RSI | 71 |
Latest Price | $20.5200(-3.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 2.7% a day on average for past five trading days. |
Weekly Trend | SKT advances 10.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) IWN(67%) IWM(64%) IWD(62%) SDY(62%) IVE(61%) |
Factors Impacting SKT price | SKT will decline at least -1.445% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.445% (StdDev 2.89%) |
Hourly BBV | -1.7 () |
Intraday Trend | -3.9% |
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