SKILLSOFT CORP (SKIL) Technical Analysis
NYSE:SKIL • US83066P3091
Current stock price
SKIL Technical Rating and Analysis
Overall SKIL gets a technical rating of 1 out of 10. SKIL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 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 part of the Professional Services industry. There are 86 other stocks in this industry, of which 84% are performing better than SKIL.
- SKIL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- In the last month SKIL has a been trading in the 3.43 - 5.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SKIL Weekly and Daily overview Charts
SKIL Setup Rating and Analysis
The technical rating of SKIL is bad and it also does not present a 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
SKIL Support and Resistance Analysis
3.88
When analyzing the support we notice one important area.
- Support @3.92 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @6.30 from a trend line in the daily time frame.
- Resistance @7.77 from a trend line in the weekly time frame.
- Resistance @10.22 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The short term trend for SKIL is neutral. |
| ChartMill Relative Strength | 3.52 | NEGATIVE | SKIL has a low relative strength, it was outperformed by 96.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SKIL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SKIL is above 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) | 64.98 | NEUTRAL | The RSI value for SKIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests SKIL has a positive trend. |
| Stochastics (14,3) | 51.81 | NEUTRAL | The Stochastics value for SKIL is a neutral value. |
| Average True Range in percent/ATR (20) | 10.26 | HIGH VOLATILITY | The high ATR as a percentage value for SKIL suggests high volalility. |
| Average Directional Index/ADX (14) | 28.15 | 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
5.42
+0.86 (+18.86%)
SKILLSOFT CORP / SKIL TA FAQ
What is the technical rating for SKIL stock?
ChartMill assigns a technical rating of 1 / 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 SKILLSOFT CORP (SKIL) stock?
SKILLSOFT CORP (SKIL) has an RSI value of 64.9764. This indicates that the stock is currently neutral.
What is the short term momentum for SKILLSOFT CORP (SKIL) stock?
The short term momentum for SKILLSOFT CORP (SKIL) is neutral.