| SKT latest price $20.4100 (0.2%) ($20.1650 - $20.6100) on Thu. Jun. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.77% (three month average) |
RSI | 73 |
Latest Price | $20.4100(0.2%) |
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 2.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) IWN(66%) IWM(64%) SDY(63%) IWD(62%) VYM(62%) |
Factors Impacting SKT price | SKT will decline at least -0.885% in a week (0% probabilities). VXX(-40%) VIXM(-36%) TBT(-14%) EDOC(-11%) BWX(-9%) |
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 | -0.885% (StdDev 1.77%) |
Hourly BBV | 1.1 () |
Intraday Trend | -1% |
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