| SKT latest price $23.3000 (-0.77%) ($23.1900 - $23.5160) on Wed. Aug. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.5% (three month average) |
RSI | 31 |
Latest Price | $23.3000(-0.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 0.3% a day on average for past five trading days. |
Weekly Trend | SKT declines -3.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) DIA(79%) IVE(73%) IWD(71%) VYM(71%) IWM(70%) |
Factors Impacting SKT price | SKT will decline at least -0.75% in a week (0% probabilities). VXX(-55%) VIXM(-51%) 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 | -0.75% (StdDev 1.5%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0.1% |
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