Overall SKBL gets a technical rating of 7 out of 10. In the last year, SKBL was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- SKBL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month SKBL has a been trading in the 2.20 - 4.00 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, SKBL outperforms 40% of them, which is more or less in line with the market.
- SKBL is part of the Construction & Engineering industry. There are 55 other stocks in this industry, SKBL did better than 46% of them.
- Considerably lower volume is observed in the last couple of days.
Although SKBL has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.85
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.55 to 3.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.44 from a trend line in the daily time frame.
- Support @2.88 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.88 to 3.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SKBL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SKBL is up. |
| ChartMill Relative Strength | 40.72 | NEUTRAL | SKBL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SKBL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SKBL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SKBL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.01 | NEUTRAL | The RSI value for SKBL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SKBL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.92 | NEUTRAL | The Stochastics value for SKBL is a neutral value. |
| Average True Range in percent/ATR (20) | 9.44 | HIGH VOLATILITY | The high ATR as a percentage value for SKBL suggests high volalility. |
| Average Directional Index/ADX (14) | 25.23 | POSITIVE | The high ADX value value for SKBL suggests a strong trend. |
3.56
-0.06 (-1.66%)
SKYLINE BUILDERS GROUP HOL-A / SKBL FAQ
What is the technical rating for SKBL stock?
ChartMill assigns a technical rating of 7 / 10 to SKBL.
What is the current trend direction of SKYLINE BUILDERS GROUP HOL-A (SKBL) stock?
The current trend direction for SKYLINE BUILDERS GROUP HOL-A (SKBL) is Bearish.
What is the RSI signal for SKYLINE BUILDERS GROUP HOL-A (SKBL) stock?
SKYLINE BUILDERS GROUP HOL-A (SKBL) has an RSI value of 59.0134. This indicates that the stock is currently neutral.
What is the MACD signal for SKBL stock?
The MACD indicator for SKYLINE BUILDERS GROUP HOL-A (SKBL) has a value of 0.0414781, indicating a bearish trend.
Can you provide the short term momentum for SKYLINE BUILDERS GROUP HOL-A?
The short term momentum for SKYLINE BUILDERS GROUP HOL-A (SKBL) is positive.