| SKT latest price $12.3100 (3.01%) ($11.9500 - $12.3100) on Wed. Mar. 4, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.6% (three month average) |
RSI | 34 |
Latest Price | $12.3100(3.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 0.4% a day on average for past five trading days. |
Weekly Trend | SKT declines -3.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) EEM(22%) INDA(21%) SPLV(21%) VFMO(21%) VWO(21%) |
Factors Impacting SKT price | SKT will decline at least -1.3% in a week (0% probabilities). VIXM(-9%) IGOV(-8%) VXX(-7%) TLT(-5%) SHY(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.3% (StdDev 2.6%) |
Hourly BBV | 0 () |
Intraday Trend | 2.4% |
| |
|
|