SKILLSOFT CORP (SKIL) Technical Analysis
NYSE:SKIL • US83066P3091
Current stock price
SKIL Technical Rating and Analysis
Taking everything into account, SKIL scores 0 out of 10 in our technical rating. SKIL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, SKIL is a bad performer in the overall market: 97% of all stocks are doing better.
- SKIL is one of the lesser performing stocks in the Professional Services industry. 80% of 87 stocks in the same industry do better.
- SKIL is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so SKIL is lagging the market.
- In the last month SKIL has a been trading in the 3.70 - 6.16 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Considerably lower volume is observed in the last couple of days.
SKIL Weekly and Daily overview Charts
SKIL Setup Rating and Analysis
SKIL has a poor technical rating and the quality of the setup is also not perfect 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
SKIL Support and Resistance Analysis
3.67
When analyzing the resistance we notice one important area.
- Resistance @6.40 from a trend line in the daily time frame.
SKIL Technical Indicator Signal Analysis
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 SKIL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SKIL is down. |
| ChartMill Relative Strength | 3.41 | NEGATIVE | SKIL has a low relative strength, it was outperformed by 96.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SKIL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SKIL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SKIL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.32 | NEUTRAL | The RSI value for SKIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests SKIL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 13.53 | OVERSOLD | The low Stochastics value suggests SKIL may be oversold. |
| Average True Range in percent/ATR (20) | 14.1 | HIGH VOLATILITY | The high ATR as a percentage value for SKIL suggests high volalility. |
| Average Directional Index/ADX (14) | 32.07 | POSITIVE | The high ADX value value for SKIL suggests a strong trend. |
SKIL Chart- and CandleStick Pattern Analysis
SKIL Technicals: Chart, Performance Metrics, Trend & Indicators
3.71
-0.22 (-5.6%)
SKILLSOFT CORP / SKIL TA FAQ
What is the technical rating for SKIL stock?
ChartMill assigns a technical rating of 0 / 10 to SKIL.
What is the trend direction for SKIL stock?
The current trend direction for SKILLSOFT CORP (SKIL) is Bearish.
What is the RSI signal for SKIL stock?
SKILLSOFT CORP (SKIL) has an RSI value of 30.321. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for SKILLSOFT CORP?
The buy/sell signal for SKILLSOFT CORP (SKIL) is sell as both the short term and long term trends are negative.
What is the support and resistance level for SKIL stock?
SKILLSOFT CORP (SKIL) has a resistance level at 6.4. Check the full technical report for our detailed analysis of SKIL support and resistance levels.