| SKT latest price $23.3700 (-1.43%) ($23.3100 - $23.7900) on Fri. Sep. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.43% (three month average) |
RSI | 47 |
Latest Price | $23.3700(-1.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 0.1% 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 | Normal 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(78%) IVE(71%) IWD(68%) VYM(68%) XLRE(68%) |
Factors Impacting SKT price | SKT will decline at least -0.715% in a week (0% probabilities). VXX(-54%) VIXM(-50%) TBT(-29%) USO(-17%) 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 | -0.715% (StdDev 1.43%) |
Hourly BBV | 0.4 () |
Intraday Trend | -1.6% |
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