| SKT latest price $19.4700 (1.67%) ($19.2400 - $19.6450) on Tue. Nov. 15, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.66% (three month average) |
RSI | 66 |
Latest Price | $19.4700(1.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 0.7% a day on average for past five trading days. |
Weekly Trend | SKT advances 3.1% 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(70%) IWM(69%) SDY(67%) IWO(66%) IWD(65%) |
Factors Impacting SKT price | SKT will decline at least -1.33% in a week (0% probabilities). UUP(-15%) VIXM(-13%) TBT(-8%) VXX(-6%) GLD(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.33% (StdDev 2.66%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.2% |
| |
|
|