| SKT latest price $10.8600 (-3.21%) ($10.6950 - $11.3700) on Wed. Dec. 16, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.15% (three month average) |
RSI | 66 |
Latest Price | $10.8600(-3.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 0.1% a day on average for past five trading days. |
Weekly Trend | SKT advances 5.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) IWN(58%) XRT(54%) IWM(53%) IWC(52%) PEJ(51%) |
Factors Impacting SKT price | SKT will decline at least -2.075% in a week (0% probabilities). VIXM(-25%) UUP(-20%) VXX(-10%) IGOV(-5%) TLT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.075% (StdDev 4.15%) |
Hourly BBV | 0 () |
Intraday Trend | -3.7% |
| |
|
|