| SKT latest price $23.4800 (0.3%) ($23.1700 - $23.5850) on Tue. Aug. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.5% (three month average) |
RSI | 57 |
Latest Price | $23.4800(0.3%) |
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 0.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) DIA(67%) IWD(65%) VYM(65%) IVE(64%) IWN(64%) |
Factors Impacting SKT price | SKT will decline at least -0.75% in a week (0% probabilities). VXX(-48%) VIXM(-45%) TBT(-28%) UUP(-20%) USO(-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 | -0.75% (StdDev 1.5%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.8% |
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