Question 1

What implications does the 10-day RSI indicator have for SKT?

Accepted Answer

The 10-day RSI Indicator for SKT moved out of overbought territory on September 09, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 35 similar instances where the indicator moved out of overbought territory. In 22 of the 35 cases, the stock moved lower in the following days. This puts the odds of a move lower at 63%.

Question 2

What does the Stochastic Oscillator suggest about SKT's trend?

Accepted Answer

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 46 of 56 cases where SKT's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 82%.

Question 3

How did SKT's Momentum indicator behave recently?

Accepted Answer

SKT saw its Momentum Indicator move above the 0 level on August 16, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 89 similar instances where the indicator turned positive. In 70 of the 89 cases, the stock moved higher in the following days. The odds of a move higher are at 79%.

Question 4

What does MACD indicator imply for SKT?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for SKT just turned positive on August 19, 2024. Looking at past instances where SKT's MACD turned positive, the stock continued to rise in 32 of 45 cases over the following month. The odds of a continued upward trend are 71%.

Question 5

What is the significance of the 50-day moving average indicator for SKT?

Accepted Answer

SKT moved above its 50-day moving average on August 08, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

What does a 3-day price advance indicate for SKT?

Accepted Answer

Following a +1.56% 3-day Advance, the price is estimated to grow further. Considering data from situations where SKT advanced for three days, in 223 of 308 cases, the price rose further within the following month. The odds of a continued upward trend are 72%.

Question 7

What does a 3-day decline signify for SKT's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SKT declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 68%.

Question 8

What does SKT breaking above its upper Bollinger Band indicate?

Accepted Answer

SKT broke above its upper Bollinger Band on August 23, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Question 9

How does the Aroon Indicator reflect on SKT's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 151 of 215 cases where SKT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 70%.

SKT Stock Tanger (SKT, $28.3) Moving Average Convergence Divergence (MACD) Histogram turned positive on August 19, 2024

Momentum Indicator for SKT turns positive, indicating new upward trend

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