The Beauty Health CO WT (SKINW) Technical Analysis
NASDAQ:SKINW
Current stock price
SKINW Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to SKINW. Although SKINW is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, SKINW is a bad performer in the overall market: 100% of all stocks are doing better.
- Both the short term and long term trends are positive. This is a very positive sign.
- SKINW is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month SKINW has a been trading in the 12.61 - 18.35 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SKINW Weekly and Daily overview Charts
SKINW Setup Rating and Analysis
SKINW has an excellent technical rating, but the quality of the setup is only medium 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
SKINW Support and Resistance Analysis
13.06
When analyzing the support we can see 2 important areas.
- A support zone ranging from 14.83 to 14.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @13.19 from a trend line in the daily time frame.
SKINW 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 | UP | POSITIVE | The long term trend for SKINW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SKINW is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SKINW has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SKINW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SKINW is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 62.41 | NEUTRAL | The RSI value for SKINW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests SKINW has a positive trend. |
| Stochastics (14,3) | 79.64 | NEUTRAL | The Stochastics value for SKINW is a neutral value. |
| Average True Range in percent/ATR (20) | 8.54 | HIGH VOLATILITY | The high ATR as a percentage value for SKINW suggests high volalility. |
SKINW Chart- and CandleStick Pattern Analysis
SKINW Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:SKINW (11/3/2021, 8:15:04 PM)
17.5
-0.5 (-2.78%)
The Beauty Health CO WT / SKINW TA FAQ
Can you provide the ChartMill technical rating for The Beauty Health CO WT?
ChartMill assigns a technical rating of 7 / 10 to SKINW.
What is the current trend direction of The Beauty Health CO WT (SKINW) stock?
The current trend direction for The Beauty Health CO WT (SKINW) is Bullish.
What is the RSI signal for The Beauty Health CO WT (SKINW) stock?
The Beauty Health CO WT (SKINW) has an RSI value of 62.4061. This indicates that the stock is currently neutral.
What is the MACD signal for The Beauty Health CO WT (SKINW) stock?
The MACD indicator for The Beauty Health CO WT (SKINW) has a value of 0.196788, indicating a bearish trend.
What is the buy/sell signal for The Beauty Health CO WT (SKINW) stock?
The buy/sell signal for The Beauty Health CO WT (SKINW) is buy as both the short term and long term trends are positive.