| SKT latest price $20.9800 (2.79%) ($20.5900 - $21.0900) on Fri. Jun. 2, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.8% (three month average) |
RSI | 76 |
Latest Price | $20.9800(2.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 1% a day on average for past five trading days. |
Weekly Trend | SKT advances 2.6% 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%) IWD(63%) SDY(63%) VYM(62%) |
Factors Impacting SKT price | SKT will decline at least -0.9% in a week (0% probabilities). VXX(-41%) VIXM(-37%) TBT(-14%) BWX(-9%) UUP(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.9% (StdDev 1.8%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.6% |
| |
|
|