| SKT latest price $10.7100 (2.29%) ($10.3300 - $10.9100) on Tue. Dec. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.38% (three month average) |
RSI | 67 |
Latest Price | $10.7100(2.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 2% a day on average for past five trading days. |
Weekly Trend | SKT advances 6.7% 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) IWN(59%) XRT(54%) IWM(53%) IWC(52%) PEJ(52%) |
Factors Impacting SKT price | SKT will decline at least -2.19% in a week (0% probabilities). VIXM(-25%) UUP(-20%) VXX(-10%) TLT(-1%) EDOC(-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 | -2.19% (StdDev 4.38%) |
Hourly BBV | 0 () |
Intraday Trend | 3.7% |
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