| SKT latest price $15.9400 (1.01%) ($15.4700 - $15.9900) on Thu. Jul. 28, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.94% (three month average) |
RSI | 69 |
Latest Price | $15.9400(1.01%) |
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 3.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) IWN(72%) IWM(70%) IWD(69%) SDY(69%) IVE(67%) |
Factors Impacting SKT price | SKT will decline at least -1.47% in a week (0% probabilities). UUP(-26%) VIXM(-23%) TBT(-12%) VXX(-6%) EDOC(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.47% (StdDev 2.94%) |
Hourly BBV | 2.1 () |
Intraday Trend | 2.4% |
| |
|
|