| SKT latest price $24.8000 (-0.24%) ($24.6950 - $25.1400) on Thu. Aug. 10, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.45% (three month average) |
RSI | 67 |
Latest Price | $24.8000(-0.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 1% a day on average for past five trading days. |
Weekly Trend | SKT advances 2.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) DIA(66%) IWD(66%) IVE(64%) 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.725% (StdDev 1.45%) |
Hourly BBV | -1.9 () |
Intraday Trend | -0.4% |
| |
|
|