Taking everything into account, SKYE scores 0 out of 10 in our technical rating. SKYE'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.
SKYE has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
1.08
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 SKYE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SKYE is down. |
| ChartMill Relative Strength | 1.41 | NEGATIVE | SKYE has a low relative strength, it was outperformed by 98.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SKYE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SKYE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SKYE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.15 | NEUTRAL | The RSI value for SKYE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SKYE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 10.71 | OVERSOLD | The low Stochastics value suggests SKYE may be oversold. |
| Average True Range in percent/ATR (20) | 8.85 | HIGH VOLATILITY | The high ATR as a percentage value for SKYE suggests high volalility. |
| Average Directional Index/ADX (14) | 31.74 | POSITIVE | The high ADX value value for SKYE suggests a strong trend. |
1.09
-0.06 (-5.22%)
SKYE BIOSCIENCE INC / SKYE FAQ
What is the technical rating for SKYE stock?
ChartMill assigns a technical rating of 0 / 10 to SKYE.
What is the trend direction for SKYE stock?
The current trend direction for SKYE BIOSCIENCE INC (SKYE) is Bearish.
What is the RSI signal for SKYE stock?
SKYE BIOSCIENCE INC (SKYE) has an RSI value of 34.1468. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SKYE BIOSCIENCE INC?
The short term momentum for SKYE BIOSCIENCE INC (SKYE) is negative.