| SKT latest price $21.9000 (-1.04%) ($21.8700 - $22.1500) on Wed. Jul. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.69% (three month average) |
RSI | 51 |
Latest Price | $21.9000(-1.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 0.4% a day on average for past five trading days. |
Weekly Trend | SKT advances 1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) IWD(66%) DIA(65%) XLI(65%) IWN(64%) VYM(64%) |
Factors Impacting SKT price | SKT will decline at least -0.845% in a week (0% probabilities). VXX(-41%) VIXM(-38%) TBT(-23%) UUP(-19%) USO(-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 | -0.845% (StdDev 1.69%) |
Hourly BBV | -0.3 () |
Intraday Trend | -0.8% |
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