| SKT latest price $24.2500 (2.71%) ($23.3600 - $24.7300) on Fri. Aug. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.43% (three month average) |
RSI | 67 |
Latest Price | $24.2500(2.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 0.8% a day on average for past five trading days. |
Weekly Trend | SKT advances 0.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) DIA(67%) IWD(66%) IVE(65%) IWN(64%) VYM(64%) |
Factors Impacting SKT price | SKT will decline at least -0.715% in a week (0% probabilities). VXX(-49%) VIXM(-47%) EDOC(-38%) TBT(-28%) UUP(-23%) |
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 | -0.715% (StdDev 1.43%) |
Hourly BBV | 0.8 () |
Intraday Trend | 3.8% |
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