| SKT latest price $23.4800 (1.91%) ($22.6010 - $23.5000) on Tue. Aug. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.49% (three month average) |
RSI | 31 |
Latest Price | $23.4800(1.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 0.5% a day on average for past five trading days. |
Weekly Trend | SKT declines -3.9% 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) DIA(75%) IVE(71%) IWD(71%) VYM(71%) IWM(69%) |
Factors Impacting SKT price | SKT will decline at least -0.745% in a week (0% probabilities). VXX(-54%) VIXM(-50%) TBT(-32%) UUP(-19%) USO(-13%) |
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 | -0.745% (StdDev 1.49%) |
Hourly BBV | 2 () |
Intraday Trend | 2.2% |
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