Logo image of SKLZ

SKILLZ INC (SKLZ) Stock Technical Analysis

NYSE:SKLZ - New York Stock Exchange, Inc. - US83067L2088 - Common Stock - Currency: USD

6.22  +0.04 (+0.65%)

Technical Rating and Analysis

8

Taking everything into account, SKLZ scores 8 out of 10 in our technical rating. Although SKLZ is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The long and short term trends are both positive. This is looking good!
When comparing the performance of all stocks over the past year, SKLZ turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
SKLZ is an average performer in the Entertainment industry, it outperforms 54% of 71 stocks in the same industry.
SKLZ is currently trading in the middle 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 slightly.
In the last month SKLZ has a been trading in the 4.97 - 6.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
SKILLZ INC / SKLZ Weekly stock chart
SKILLZ INC / SKLZ Daily stock chart
Setup Rating and Analysis

3

Although SKLZ 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.

Support and Resistance Analysis

5.98

6.78

When analyzing the support we notice one important area.

  • A support zone ranging from 6.04 to 6.04. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • A resistance zone ranging from 6.26 to 6.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @6.55 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 6.66 to 6.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for SKLZ is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for SKLZ is up.
ChartMill Relative Strength42.6NEUTRALSKLZ is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of SKLZ is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of SKLZ is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of SKLZ is above the rising SMA(200).
Relative Strength Index/RSI (14)60.26NEUTRALThe RSI value for SKLZ is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests SKLZ has a negative trend.
Stochastics (14,3)66.52NEUTRALThe Stochastics value for SKLZ is a neutral value.
Average True Range in percent/ATR (20)5.42HIGH VOLATILITYThe high ATR as a percentage value for SKLZ suggests high volalility.
Average Directional Index/ADX (14)45.65POSITIVEThe high ADX value value for SKLZ suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
SKILLZ INC / SKLZ Daily stock chart

SKILLZ INC

NYSE:SKLZ (5/29/2025, 8:13:56 PM)

6.22

+0.04 (+0.65%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg0.65%
1 Week-4.89%
2 Weeks2.13%
1 Month21.48%
3 Month5.78%
6 Month9.12%
12 Month-8.93%
2 Year-33.55%
3 Year-83.63%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%5.42%
ATR Inc-36.05%
Range Today0.17
ADR(20)0.33
ADR(20)%5.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.6
Mansfield0.48
10 Day High6.8
10 Day Low6.02
20 Day High6.8
20 Day Low4.97
52 Week High7.48
52 Week Low3.54
CS1 End6.04
CR1 Start6.26
Volume & EV
DER(3)-8.75%
DER(5)-4.99%
Volume35.00K
Volume Incr-27.77%
Vol(5)46.04K
Vol(50)67.20K