| SKT latest price $17.3600 (2.6%) ($16.7700 - $17.4100) on Fri. Mar. 12, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.05% (three month average) |
RSI | 61 |
Latest Price | $17.3600(2.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 1.6% a day on average for past five trading days. |
Weekly Trend | SKT advances 2.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally 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 -2.525% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.525% (StdDev 5.05%) |
Hourly BBV | 1.5 () |
Intraday Trend | 3% |
| |
|
|