| SKT latest price $23.1100 (0%) ($22.9250 - $23.5900) on Thu. Oct. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 58 |
Latest Price | $23.1100(0%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 0.6% a day on average for past five trading days. |
Weekly Trend | SKT advances 0.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) XLRE(99%) PCY(98%) XHB(96%) XLI(89%) IFRA(87%) |
Factors Impacting SKT price | SKT will decline at least -0.7% in a week (0% probabilities). VXX(-68%) VIXM(-58%) TBT(-43%) SIL(19%) USO(-34%) |
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 | -0.7% (StdDev 1.4%) |
Hourly BBV | -0.1 () |
Intraday Trend | -2% |
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