| SKT latest price $25.0100 (3.13%) ($24.4800 - $25.0300) on Mon. Aug. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.45% (three month average) |
RSI | 66 |
Latest Price | $25.0100(3.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 1.4% a day on average for past five trading days. |
Weekly Trend | SKT advances 0.6% a week on average for past two weeks. |
Market Behavior | Broad based rally 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 -0.725% in a week (0% probabilities). VXX(-48%) VIXM(-46%) TBT(-27%) UUP(-21%) USO(-3%) |
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 | -0.725% (StdDev 1.45%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.6% |
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