| SKT latest price $18.9200 (1.12%) ($18.3500 - $18.9450) on Mon. Nov. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.52% (three month average) |
RSI | 74 |
Latest Price | $18.9200(1.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 1% a day on average for past five trading days. |
Weekly Trend | SKT advances 5.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) IWN(68%) IWM(67%) IWO(65%) SDY(65%) IWD(63%) |
Factors Impacting SKT price | SKT will decline at least -1.26% in a week (0% probabilities). VIXM(-14%) UUP(-12%) TBT(-8%) VXX(-6%) SHY(-2%) |
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 | -1.26% (StdDev 2.52%) |
Hourly BBV | 0.6 () |
Intraday Trend | 1.7% |
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