| SKT latest price $11.6800 (4.75%) ($11.1450 - $11.7000) on Wed. Jan. 13, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.18% (three month average) |
RSI | 69 |
Latest Price | $11.6800(4.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 1.3% a day on average for past five trading days. |
Weekly Trend | SKT advances 5.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off 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(52%) |
Factors Impacting SKT price | SKT will decline at least -2.09% in a week (0% probabilities). VIXM(-25%) UUP(-20%) VXX(-10%) TLT(-0%) TBT(0%) |
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 | -2.09% (StdDev 4.18%) |
Hourly BBV | 0 () |
Intraday Trend | 4.7% |
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