| SKT latest price $23.2500 (-0.21%) ($23.0550 - $23.4000) on Thu. Aug. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.5% (three month average) |
RSI | 30 |
Latest Price | $23.2500(-0.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 0.8% a day on average for past five trading days. |
Weekly Trend | SKT declines -2.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) IVW(88%) SPY(79%) DIA(76%) IVE(71%) IWD(71%) |
Factors Impacting SKT price | SKT will decline at least -0.75% in a week (0% probabilities). VXX(-58%) VIXM(-52%) TBT(-30%) UUP(-20%) USO(-13%) |
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 | -0.75% (StdDev 1.5%) |
Hourly BBV | -0.1 () |
Intraday Trend | -0.3% |
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