| SKT latest price $23.8500 (1.92%) ($23.1300 - $24.0500) on Tue. Oct. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.43% (three month average) |
RSI | 66 |
Latest Price | $23.8500(1.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 0.7% a day on average for past five trading days. |
Weekly Trend | SKT advances 1.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) VT(96%) EWI(91%) ARKG(85%) JETS(85%) XME(84%) |
Factors Impacting SKT price | SKT will decline at least -0.715% in a week (0% probabilities). VIXM(-67%) TBT(-45%) KWEB(18%) USO(-20%) UUP(-10%) |
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 | 1.4 () |
Intraday Trend | 3.1% |
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