| SKT latest price $23.5400 (-0.72%) ($23.4800 - $23.9800) on Thu. Oct. 19, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 64 |
Latest Price | $23.5400(-0.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 0.4% a day on average for past five trading days. |
Weekly Trend | SKT advances 2.6% 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) BOTZ(99%) XLK(99%) XME(93%) PAVE(91%) ICLN(89%) |
Factors Impacting SKT price | SKT will decline at least -0.7% in a week (0% probabilities). TLT(23%) USO(-51%) UUP(-20%) SHY(-12%) VIXM(-88%) |
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 | -1.8 () |
Intraday Trend | -0.2% |
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