| SKT latest price $18.1100 (-1.58%) ($18.0500 - $18.5700) on Wed. Jan. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.04% (three month average) |
RSI | 51 |
Latest Price | $18.1100(-1.58%) |
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 1.5% 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(67%) IWM(66%) IWO(63%) SDY(63%) IWD(62%) |
Factors Impacting SKT price | SKT will decline at least -1.02% in a week (0% probabilities). VIXM(-39%) GLD(-17%) VXX(-14%) SHY(-10%) TBT(-7%) |
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 | -1.02% (StdDev 2.04%) |
Hourly BBV | -2.2 () |
Intraday Trend | -2.3% |
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