| SKT latest price $22.9800 (1.95%) ($22.6000 - $23.0200) on Thu. Sep. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.43% (three month average) |
RSI | 44 |
Latest Price | $22.9800(1.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SKT advances 0.4% a day on average for past five trading days. |
Weekly Trend | SKT declines -1.4% 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(97%) SPY(91%) IVW(90%) XRT(84%) IWM(83%) |
Factors Impacting SKT price | SKT will decline at least -0.715% in a week (0% probabilities). VXX(-65%) VIXM(-58%) TBT(-38%) USO(-27%) UUP(-25%) |
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 | -0.715% (StdDev 1.43%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.7% |
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