| SKT latest price $22.2200 (3.59%) ($21.4440 - $22.3700) on Wed. Jun. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.86% (three month average) |
RSI | 78 |
Latest Price | $22.2200(3.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 1.8% a day on average for past five trading days. |
Weekly Trend | SKT advances 3.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) IWN(67%) IWM(65%) SDY(64%) IWD(63%) VYM(62%) |
Factors Impacting SKT price | SKT will decline at least -0.93% in a week (0% probabilities). VXX(-40%) VIXM(-36%) TBT(-13%) BWX(-9%) UUP(-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 | -0.93% (StdDev 1.86%) |
Hourly BBV | 1.8 () |
Intraday Trend | 3.4% |
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