| SKT latest price $14.6900 (0.2%) ($14.1900 - $14.8100) on Wed. Jul. 6, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.03% (three month average) |
RSI | 52 |
Latest Price | $14.6900(0.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 0.4% a day on average for past five trading days. |
Weekly Trend | SKT advances 0.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) IWN(72%) IWM(70%) IWD(69%) SDY(68%) IVE(67%) |
Factors Impacting SKT price | SKT will decline at least -1.515% in a week (0% probabilities). UUP(-25%) VIXM(-24%) TBT(-11%) VXX(-6%) SHY(6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.515% (StdDev 3.03%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.5% |
| |
|
|