SKYLINE CHAMPION CORP (SKY)
US8308301055 - Common Stock
We assign a technical rating of 6 out of 10 to SKY. Although SKY 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!
SKY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SKY is lagging the market slightly.
In the last month SKY has a been trading in the 72.64 - 83.66 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, SKY turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
SKY is an average performer in the Household Durables industry, it outperforms 42% of 67 stocks in the same industry.
SKY has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 78.72, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
59.89
86.56
When analyzing the support we can see 4 important areas.
- A support zone ranging from 76.89 to 78.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @75.14 from a horizontal line in the weekly time frame.
- Support @73.36 from a horizontal line in the daily time frame.
- Support @60.49 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 84.83 to 85.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.34
Mansfield0.06
10 Day High83.66
10 Day Low77.8
20 Day High83.66
20 Day Low72.64
52 Week High86.71
52 Week Low52.12
Performance
1 Week-1.32%
2 Weeks2.86%
1 Month8.4%
3 Month-1.14%
6 Month33.96%
12 Month18.6%
2 Year49.67%
3 Year57%
5 Year239.97%
10 Year1553.22%
15 Year300.2%
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)0.47
RSI(14)51.65
LBB74.97
UBB82.66
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 79.85 | 77.79 | 2.05 (2.57%) | 25.00% |
| An entry @79.84. This is a Buy Stop order right above the 10 day moving average. | An exit @77.79. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.05 points, which is 2.57%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.64%. |
- The distance between exit and entry is rather small compared to the average daily movement of SKY. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SKYLINE CHAMPION CORP
NYSE:SKY (5/16/2024, 7:17:32 PM)
After market: 79.01 -0.51 (-0.64%)79.52
-2.82 (-3.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-3.42%
1 Week-1.32%
2 Weeks2.86%
1 Month8.4%
3 Month-1.14%
6 Month33.96%
12 Month18.6%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.51
ATR(20)%3.15%
ATR Inc
Range Today3.07
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 High83.66
10 Day Low77.8
20 Day High83.66
20 Day Low72.64
52 Week High86.71
52 Week Low52.12
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume327.30K
Volume Incr15.63%
Vol(5)249.44K
Vol(50)246.89K