| SKT latest price $23.8600 (1.23%) ($23.5800 - $23.9000) on Mon. Jul. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.71% (three month average) |
RSI | 78 |
Latest Price | $23.8600(1.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 0.6% a day on average for past five trading days. |
Weekly Trend | SKT advances 3.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) DIA(66%) IWD(65%) IWN(64%) VYM(64%) IVE(63%) |
Factors Impacting SKT price | SKT will decline at least -0.855% in a week (0% probabilities). VXX(-46%) VIXM(-41%) TBT(-28%) UUP(-19%) EDOC(-19%) |
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 | -0.855% (StdDev 1.71%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.2% |
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