| SKT latest price $19.1000 (4.09%) ($18.4020 - $19.2000) on Tue. Dec. 21, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.05% (three month average) |
RSI | 49 |
Latest Price | $19.1000(4.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 0.2% a day on average for past five trading days. |
Weekly Trend | SKT declines -3.8% 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(69%) IWM(67%) IWD(65%) SDY(65%) IVE(64%) |
Factors Impacting SKT price | SKT will decline at least -1.525% in a week (0% probabilities). VIXM(-33%) UUP(-25%) VXX(-10%) TBT(-8%) IGOV(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.525% (StdDev 3.05%) |
Hourly BBV | 1.1 () |
Intraday Trend | 3.4% |
| |
|
|