USA - New York Stock Exchange - NYSE:SKIL - US83066P3091 - Common Stock
We assign a technical rating of 0 out of 10 to SKIL. 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 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.
5.61
When analyzing the resistance we notice one important area.
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 | 2.25 | NEGATIVE | SKIL has a low relative strength, it was outperformed by 97.75% 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) | 28.33 | OVERSOLD | The low RSI value suggests SKIL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests SKIL has a negative trend. |
| Stochastics (14,3) | 15.42 | OVERSOLD | The low Stochastics value suggests SKIL may be oversold. |
| Average True Range in percent/ATR (20) | 20.18 | HIGH VOLATILITY | The high ATR as a percentage value for SKIL suggests high volalility. |
| Average Directional Index/ADX (14) | 29.36 | POSITIVE | The high ADX value value for SKIL suggests a strong trend. |
5.67
-0.44 (-7.2%)
ChartMill assigns a technical rating of 0 / 10 to SKIL.
The current trend direction for SKILLSOFT CORP (SKIL) is Bearish.
SKILLSOFT CORP (SKIL) has an RSI value of 28.3262. This indicates that the stock is currently oversold.
The buy/sell signal for SKILLSOFT CORP (SKIL) is sell as both the short term and long term trends are negative.
SKILLSOFT CORP (SKIL) has a resistance level at 10.25. Check the full technical report for our detailed analysis of SKIL support and resistance levels.