| SKT latest price $23.7100 (-0.59%) ($23.4700 - $23.8750) on Wed. Oct. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 59 |
Latest Price | $23.7100(-0.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 0.5% a day on average for past five trading days. |
Weekly Trend | SKT advances 2.2% 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) VT(96%) EWI(91%) JETS(89%) ARKG(85%) XME(84%) |
Factors Impacting SKT price | SKT will decline at least -0.7% in a week (0% probabilities). VIXM(-68%) TBT(-45%) USO(-20%) UUP(-11%) SLV(2%) |
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 | 0.4 () |
Intraday Trend | 0.1% |
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