CHAMPION HOMES INC (SKY) Stock Technical Analysis
NYSE:SKY - New York Stock Exchange, Inc. - US8308301055 - Common Stock - Currency: USD
Taking everything into account, SKY scores 1 out of 10 in our technical rating. SKY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SKY is a bad performer in the overall market: 90% of all stocks are doing better.
SKY is one of the lesser performing stocks in the Household Durables industry. 82% of 63 stocks in the same industry do better.
SKY is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month SKY has a been trading in the 59.77 - 69.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SKY has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
59.72
82.58
When analyzing the support we can see 2 important areas.
- Support @64.00 from a trend line in the daily time frame.
- A support zone ranging from 60.32 to 60.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 64.25 to 67.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 81.52 to 81.76. 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 | DOWN | NEGATIVE | The short term trend for SKY is down. |
| ChartMill Relative Strength | 10.3 | NEGATIVE | SKY has a low relative strength, it was outperformed by 89.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SKY is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SKY is below a declining 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) | 43.52 | NEUTRAL | The RSI value for SKY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests SKY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 40.39 | NEUTRAL | The Stochastics value for SKY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for SKY suggests some volalility. |
| Average Directional Index/ADX (14) | 20.23 | 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)
64.23
-0.68 (-1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-1.05%
1 Week-3.54%
2 Weeks-4.01%
1 Month6.1%
3 Month-21.51%
6 Month-29.11%
12 Month-15.35%
2 Year-7.79%
3 Year1.47%
5 Year127.52%
10 Year1864.22%
15 Year219.87%
Volatility
ATR(14)2.09
ATR(20)%3.35%
ATR Inc-21.24%
Range Today1.85
ADR(20)2.12
ADR(20)%3.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.3
Mansfield-3.3
10 Day High69.08
10 Day Low63.27
20 Day High69.08
20 Day Low59.77
52 Week High116.49
52 Week Low59.44
CS1 End64
CR1 Start64.25
Volume & EV
DER(3)-0.88%
DER(5)-1.87%
Volume374.80K
Volume Incr-33.36%
Vol(5)538.18K
Vol(50)802.33K