| SKT latest price $23.2700 (-1.15%) ($23.2700 - $23.8200) on Fri. Oct. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.41% (three month average) |
RSI | 66 |
Latest Price | $23.2700(-1.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 0.2% a day on average for past five trading days. |
Weekly Trend | SKT advances 2.7% 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%) ICLN(92%) PAVE(92%) XME(94%) IYT(87%) |
Factors Impacting SKT price | SKT will decline at least -0.705% in a week (0% probabilities). USO(-52%) TBT(-45%) UUP(-7%) SHY(-2%) SLV(-1%) |
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 | -0.705% (StdDev 1.41%) |
Hourly BBV | -1.6 () |
Intraday Trend | -1.7% |
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