| SKT latest price $22.9900 (-1.08%) ($22.8150 - $23.1800) on Tue. Sep. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.44% (three month average) |
RSI | 53 |
Latest Price | $22.9900(-1.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 0.3% a day on average for past five trading days. |
Weekly Trend | SKT advances 1.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SKT advance at 0% a week (0% probability) DIA(80%) IVE(72%) IWD(69%) IWM(69%) IWN(69%) |
Factors Impacting SKT price | SKT will decline at least -0.72% in a week (0% probabilities). VXX(-54%) VIXM(-50%) TBT(-28%) USO(-17%) UUP(-6%) |
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 | -0.72% (StdDev 1.44%) |
Hourly BBV | -1.2 () |
Intraday Trend | -0.5% |
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