SKILLSOFT CORP (SKIL) Stock Technical Analysis
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.
More info and screens
10.34
We found 1 important support area.
- A support zone ranging from 10.44 to 10.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @15.42 from a trend line in the weekly time frame.
- Resistance @16.80 from a trend 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 SKIL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SKIL is down. |
| ChartMill Relative Strength | 12.54 | NEGATIVE | SKIL has a low relative strength, it was outperformed by 87.46% 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) | 42.95 | NEUTRAL | The RSI value for SKIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests SKIL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.54 | OVERSOLD | The low Stochastics value suggests SKIL may be oversold. |
| Average True Range in percent/ATR (20) | 10.81 | HIGH VOLATILITY | The high ATR as a percentage value for SKIL suggests high volalility. |
| Average Directional Index/ADX (14) | 23.58 | NEUTRAL | The ADX value for SKIL suggests a possible start of a new trend. |
10.82
+1.64 (+17.86%)
SKILLSOFT CORP / SKIL FAQ
What is the technical rating for SKIL stock?
ChartMill assigns a technical rating of 0 / 10 to SKIL.
What is the current trend direction of SKILLSOFT CORP (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 42.9491. This indicates that the stock is currently neutral.
What is the buy/sell signal for SKILLSOFT CORP (SKIL) stock?
The buy/sell signal for SKILLSOFT CORP (SKIL) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for SKILLSOFT CORP?
SKILLSOFT CORP (SKIL) has a support level at 10.56 and a resistance level at 15.42. Check the full technical report for our detailed analysis of SKIL support and resistance levels.