| SKT latest price $17.1200 (6.8%) ($15.9300 - $17.2000) on Mon. Mar. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.01% (three month average) |
RSI | 72 |
Latest Price | $17.1200(6.8%) |
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 7.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) IWN(65%) IWM(61%) IVE(57%) IWC(57%) IWD(57%) |
Factors Impacting SKT price | SKT will decline at least -2.505% in a week (0% probabilities). VIXM(-32%) UUP(-21%) VXX(-12%) TLT(-1%) IGOV(-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 | -2.505% (StdDev 5.01%) |
Hourly BBV | 0.1 () |
Intraday Trend | 6.3% |
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