| SKT latest price $19.3700 (0.78%) ($19.1050 - $19.3850) on Thu. Apr. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.88% (three month average) |
RSI | 68 |
Latest Price | $19.3700(0.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 0.6% a day on average for past five trading days. |
Weekly Trend | SKT advances 2.8% 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(64%) IWM(62%) SDY(61%) IWD(60%) VYM(60%) |
Factors Impacting SKT price | SKT will decline at least -0.94% in a week (0% probabilities). VXX(-39%) VIXM(-34%) GLD(-11%) TBT(-10%) BWX(-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 | -0.94% (StdDev 1.88%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0.2% |
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