| SKT latest price $19.5500 (-0.51%) ($19.4000 - $19.8900) on Fri. May. 19, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.92% (three month average) |
RSI | 47 |
Latest Price | $19.5500(-0.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 0.5% a day on average for past five trading days. |
Weekly Trend | SKT advances 1.1% 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(68%) IWM(66%) SDY(64%) IWD(62%) VYM(62%) |
Factors Impacting SKT price | SKT will decline at least -0.96% in a week (0% probabilities). VXX(-40%) VIXM(-36%) TBT(-12%) UUP(-9%) BWX(-6%) |
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 | -0.96% (StdDev 1.92%) |
Hourly BBV | -0.8 () |
Intraday Trend | -1.6% |
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