SKILLZ INC (SKLZ) Stock Technical Analysis
NYSE:SKLZ - US83067L2088 - Common Stock
8.71 USD
-0.11 (-1.25%)
7.21 USD
-1.5 (-17.22%)
We assign a technical rating of 10 out of 10 to SKLZ. Both in the recent history as in the last year, SKLZ has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SKLZ is one of the better performing stocks in the market, outperforming 90% of all stocks.
SKLZ is part of the Entertainment industry. There are 79 other stocks in this industry. SKLZ outperforms 83% of them.
SKLZ 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 SKLZ has a been trading in the 6.60 - 9.11 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.
SKLZ 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 8.91. Right above this resistance zone may be a good entry point.
More info and screens
6.80
9.19
3 important support areas can be observed.
- A support zone ranging from 8.36 to 8.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @7.24 from a trend line in the daily time frame.
- Support @6.87 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.91 to 9.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SKLZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SKLZ is up. |
| ChartMill Relative Strength | 90.92 | POSITIVE | SKLZ has a high relative strength, it outperformed 90.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SKLZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SKLZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SKLZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.68 | NEUTRAL | The RSI value for SKLZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SKLZ has a negative trend. |
| Stochastics (14,3) | 72.09 | NEUTRAL | The Stochastics value for SKLZ is a neutral value. |
| Average True Range in percent/ATR (20) | 5.22 | HIGH VOLATILITY | The high ATR as a percentage value for SKLZ suggests high volalility. |
| Average Directional Index/ADX (14) | 24.75 | NEUTRAL | The ADX value for SKLZ suggests a possible start of a new 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)
8.71
-0.11 (-1.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-1.25%
1 Week0.46%
2 Weeks-2.46%
1 Month23.72%
3 Month38.25%
6 Month58.65%
12 Month56.65%
2 Year70.78%
3 Year-57.3%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%5.22%
ATR Inc-34.84%
Range Today0.29
ADR(20)0.44
ADR(20)%5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.92
Mansfield3.51
10 Day High8.97
10 Day Low8.1
20 Day High9.11
20 Day Low6.6
52 Week High9.11
52 Week Low3.54
CS1 End8.43
CR1 Start8.91
Volume & EV
DER(3)-2.83%
DER(5)-1.6%
Volume80.50K
Volume Incr-40.97%
Vol(5)59.94K
Vol(50)101.50K