SKYLINE BUILDERS GROUP HOL-A (SKBL) Stock Technical Analysis
USA - NASDAQ:SKBL - KYG8193D1043 - Common Stock
Taking everything into account, SKBL scores 2 out of 10 in our technical rating. SKBL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, SKBL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for SKBL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.67
2 important support areas can be observed.
- Support @2.88 from a trend line in the daily time frame.
- Support @2.70 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.13 to 3.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.70 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for SKBL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SKBL is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | SKBL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SKBL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SKBL is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 54.65 | NEUTRAL | The RSI value for SKBL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests SKBL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.31 | NEUTRAL | The Stochastics value for SKBL is a neutral value. |
| Average True Range in percent/ATR (20) | 14.42 | HIGH VOLATILITY | The high ATR as a percentage value for SKBL suggests high volalility. |
| Average Directional Index/ADX (14) | 23.41 | NEUTRAL | The ADX value for SKBL suggests a possible start of a new trend. |
3.13
+0.19 (+6.46%)
SKYLINE BUILDERS GROUP HOL-A / SKBL FAQ
What is the ChartMill technical rating of SKYLINE BUILDERS GROUP HOL-A (SKBL) stock?
ChartMill assigns a technical rating of 2 / 10 to SKBL.
What is the trend direction for 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 54.6494. This indicates that the stock is currently neutral.
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 neutral.
What are the support and resistance levels for SKYLINE BUILDERS GROUP HOL-A (SKBL) stock?
SKYLINE BUILDERS GROUP HOL-A (SKBL) has a support level at 2.88 and a resistance level at 3.13. Check the full technical report for our detailed analysis of SKBL support and resistance levels.