| SKT latest price $19.4100 (-0.15%) ($19.2250 - $19.5800) on Wed. Nov. 23, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.56% (three month average) |
RSI | 58 |
Latest Price | $19.4100(-0.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 0.2% a day on average for past five trading days. |
Weekly Trend | SKT advances 2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) IWN(67%) IWM(65%) SDY(64%) IWD(62%) IWO(62%) |
Factors Impacting SKT price | SKT will decline at least -1.28% in a week (0% probabilities). VIXM(-11%) GLD(-9%) UUP(-6%) VXX(-5%) SHY(-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 | -1.28% (StdDev 2.56%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0.6% |
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