SKILLZ INC (SKLZ)

US83067L2088 - Common Stock

6.48  +0.1 (+1.57%)

Technical Rating and Analysis

1

Taking everything into account, SKLZ scores 1 out of 10 in our technical rating. SKLZ 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, SKLZ is a bad performer in the overall market: 84% of all stocks are doing better.
SKLZ is part of the Entertainment industry. There are 76 other stocks in this industry, of which 62% are performing better than SKLZ.
SKLZ is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SKLZ is lagging the market.
In the last month SKLZ has a been trading in the 5.65 - 6.60 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SKLZ Weekly chart
SKLZ Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, SKLZ does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 6.39. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

4.92

7.26

We found 6 important support areas.

  • A support zone ranging from 6.39 to 6.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 6.21 to 6.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 5.98 to 6.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @5.83 from a horizontal line in the daily time frame.
  • Support @5.56 from a trend line in the daily time frame.
  • Support @4.97 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @6.63 from a trend line in the daily time frame.
  • Resistance @7.19 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.22
Mansfield-2.14
10 Day High6.56
10 Day Low5.99
20 Day High6.6
20 Day Low5.65
52 Week High14.78
52 Week Low3.96
Performance
1 Week2.41%
2 Weeks3.74%
1 Month-2.15%
3 Month13.73%
6 Month6.33%
12 Month-48.38%
2 Year-83.21%
3 Year-98.12%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)52.92
LBB5.82
UBB6.46
SKLZ Daily chart

SKILLZ INC

NYSE:SKLZ (5/3/2024, 9:22:42 AM)

6.48

+0.1 (+1.57%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg1.57%
1 Week2.41%
2 Weeks3.74%
1 Month-2.15%
3 Month13.73%
6 Month6.33%
12 Month-48.38%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.3
ATR(20)%4.53%
ATR Inc
Range Today0.08
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High6.56
10 Day Low5.99
20 Day High6.6
20 Day Low5.65
52 Week High14.78
52 Week Low3.96
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume31.54K
Volume Incr-17.94%
Vol(5)86.22K
Vol(50)133.07K