| SKT latest price $17.7800 (3.73%) ($16.7200 - $18.0500) on Mon. May. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.49% (three month average) |
RSI | 49 |
Latest Price | $17.7800(3.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 2.4% a day on average for past five trading days. |
Weekly Trend | SKT declines -1% 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(70%) IWM(68%) SDY(68%) IWD(67%) IVE(66%) |
Factors Impacting SKT price | SKT will decline at least -1.245% in a week (0% probabilities). VIXM(-28%) UUP(-25%) TBT(-10%) VXX(-7%) GLD(8%) |
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 | -1.245% (StdDev 2.49%) |
Hourly BBV | 1.2 () |
Intraday Trend | 5.1% |
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