CHAMPION HOMES INC (SKY) Stock Technical Analysis
NYSE:SKY - New York Stock Exchange, Inc. - US8308301055 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to SKY. Recently some decent action could be observed, but in the medium term time frame this is still negative. SKY was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, SKY is a bad performer in the overall market: 89% of all stocks are doing better.
SKY is part of the Household Durables industry. There are 63 other stocks in this industry, of which 80% are performing better than SKY.
SKY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
SKY is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
SKY has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
59.73
76.69
2 important support areas can be observed.
- Support @64.23 from a horizontal line in the weekly time frame.
- A support zone ranging from 60.33 to 60.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @73.17 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 74.38 to 75.93. 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 | DOWN | NEGATIVE | The long term trend for SKY is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SKY is up. |
| ChartMill Relative Strength | 11.53 | NEGATIVE | SKY has a low relative strength, it was outperformed by 88.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SKY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SKY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SKY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.07 | NEUTRAL | The RSI value for SKY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.52 | POSITIVE | The MACD value suggests SKY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.7 | NEUTRAL | The Stochastics value for SKY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for SKY suggests some volalility. |
| Average Directional Index/ADX (14) | 22.94 | NEUTRAL | The ADX value for SKY 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)
71.47
-0.12 (-0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-0.17%
1 Week-2.76%
2 Weeks5.88%
1 Month10.74%
3 Month-15.18%
6 Month-28.57%
12 Month-22.74%
2 Year0.28%
3 Year26.12%
5 Year150.42%
10 Year2059.21%
15 Year290.33%
Volatility
ATR(14)2.48
ATR(20)%3.4%
ATR Inc-19.41%
Range Today1.07
ADR(20)2.27
ADR(20)%3.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.53
Mansfield-2.41
10 Day High76.3
10 Day Low65.12
20 Day High76.3
20 Day Low60.13
52 Week High116.49
52 Week Low59.44
CS1 End64.23
CR1 Start73.17
Volume & EV
DER(3)-1.97%
DER(5)-1.24%
Volume794.40K
Volume Incr18.12%
Vol(5)813.00K
Vol(50)745.69K