| SKT latest price $20.2000 (2.12%) ($19.7600 - $20.4900) on Wed. Jun. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.16% (three month average) |
RSI | 71 |
Latest Price | $20.2000(2.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 0.3% a day on average for past five trading days. |
Weekly Trend | SKT advances 7.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(67%) IWM(64%) IVE(60%) IWD(60%) SDY(60%) |
Factors Impacting SKT price | SKT will decline at least -1.58% in a week (0% probabilities). VIXM(-33%) UUP(-23%) VXX(-12%) TBT(-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 | -1.58% (StdDev 3.16%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.8% |
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