BEAUTY HEALTH CO/THE (SKIN) Stock Technical Analysis
NASDAQ:SKIN - Nasdaq - US88331L1089 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to SKIN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SKIN is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
SKIN is one of the better performing stocks in the Personal Care Products industry, it outperforms 88% of 35 stocks in the same industry.
A new 52 week high is currently being made by SKIN, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month SKIN has a been trading in the 1.43 - 2.38 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that SKIN is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SKIN has an excellent technical rating, it does not present a decent entry opportunity 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
1.60
2.30
3 important support areas can be observed.
- A support zone ranging from 2.10 to 2.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 1.77 to 1.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.62 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 | UP | POSITIVE | The long term trend for SKIN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SKIN is up. |
| ChartMill Relative Strength | 91.52 | POSITIVE | SKIN has a high relative strength, it outperformed 91.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SKIN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SKIN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SKIN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.36 | OVERBOUGHT | The high RSI value suggests SKIN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests SKIN has a positive trend. |
| Stochastics (14,3) | 89.63 | OVERBOUGHT | The high Stochastics value suggests SKIN may be overbought. |
| Average True Range in percent/ATR (20) | 7.04 | HIGH VOLATILITY | The high ATR as a percentage value for SKIN suggests high volalility. |
| Average Directional Index/ADX (14) | 45.11 | POSITIVE | The high ADX value value for SKIN suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
2.28
+0.17 (+8.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg8.06%
1 Week17.53%
2 Weeks56.16%
1 Month36.53%
3 Month90%
6 Month38.18%
12 Month13.43%
2 Year-72.5%
3 Year-82.88%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%7.04%
ATR Inc62.47%
Range Today0.27
ADR(20)0.16
ADR(20)%7.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.52
Mansfield3.69
10 Day High2.38
10 Day Low1.43
20 Day High2.38
20 Day Low1.43
52 Week High2.38
52 Week Low0.78
CS1 End1.56
CR1 StartN/A
Volume & EV
DER(3)-14.36%
DER(5)-10.53%
Volume499.60K
Volume Incr198.42%
Vol(5)2.13M
Vol(50)992.58K