| SKT latest price $17.5100 (-1.46%) ($17.2900 - $17.7300) on Tue. May. 31, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.82% (three month average) |
RSI | 47 |
Latest Price | $17.5100(-1.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 1.7% a day on average for past five trading days. |
Weekly Trend | SKT declines -1.6% a week on average for past two weeks. |
Market Behavior | Value stocks 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(74%) IWM(73%) IWD(71%) IWO(70%) SDY(70%) |
Factors Impacting SKT price | SKT will decline at least -1.41% in a week (0% probabilities). VIXM(-29%) UUP(-25%) TBT(-13%) VXX(-7%) UNG(9%) |
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 | -1.41% (StdDev 2.82%) |
Hourly BBV | -0.4 () |
Intraday Trend | -0.6% |
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