Peak Resorts Inc (SKIS) Technical Analysis
NASDAQ:SKIS
Current stock price
SKIS Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to SKIS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SKIS is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- A new 52 week high is currently being made by SKIS, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so SKIS is leading the market.
- Looking at the yearly performance, SKIS did better than 99% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month SKIS has a been trading in a tight range between 10.94 and 11.00.
- Considerably lower volume is observed in the last couple of days.
SKIS Weekly and Daily overview Charts
SKIS Setup Rating and Analysis
SKIS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 11.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.99, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
SKIS Support and Resistance Analysis
5.20
2 important support areas can be observed.
- A support zone ranging from 10.97 to 10.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.25 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.01 to 11.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
SKIS 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 SKIS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SKIS is up. |
| ChartMill Relative Strength | 99.54 | POSITIVE | SKIS has a high relative strength, it outperformed 99.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SKIS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SKIS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SKIS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 87.37 | OVERBOUGHT | The high RSI value suggests SKIS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests SKIS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 77.78 | NEUTRAL | The Stochastics value for SKIS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.12 | LOW VOLATILITY | The low ATR as a percentage value for SKIS suggests low volalility. |
SKIS Chart- and CandleStick Pattern Analysis
SKIS Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.02 | 10.97 | 0.05 (0.50%) | 25.00% |
| An entry @11.02. This is a Buy Stop order right above the resistance zone. | An exit @10.96. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.05 points, which is 0.50%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.12%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SKIS Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:SKIS (9/24/2019, 8:09:31 PM)
11
+0.01 (+0.09%)
Peak Resorts Inc / SKIS TA FAQ
Can you provide the ChartMill technical rating for Peak Resorts Inc?
ChartMill assigns a technical rating of 8 / 10 to SKIS.
Can you provide the trend direction for Peak Resorts Inc?
The current trend direction for Peak Resorts Inc (SKIS) is Bullish.
What is the RSI signal for SKIS stock?
Peak Resorts Inc (SKIS) has an RSI value of 87.3689. This indicates that the stock is currently overbought.
What is the MACD signal for Peak Resorts Inc (SKIS) stock?
The MACD indicator for Peak Resorts Inc (SKIS) has a value of -0.0798033, indicating a bearish trend.
What are the support and resistance levels for Peak Resorts Inc (SKIS) stock?
Peak Resorts Inc (SKIS) has a support level at 10.99 and a resistance level at 11.01. Check the full technical report for our detailed analysis of SKIS support and resistance levels.