SKYE BIOSCIENCE INC (SKYE) Stock Technical Analysis
USA - NASDAQ:SKYE - US83086J2006 - Common Stock
1.53 USD
+0.01 (+0.66%)
1.53 USD
0 (0%)
Overall SKYE gets a technical rating of 0 out of 10. SKYE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, SKYE is a bad performer in the overall market: 99% of all stocks are doing better.
SKYE is part of the Biotechnology industry. There are 536 other stocks in this industry, of which 88% are performing better than SKYE.
SKYE 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 SKYE has a been trading in the 1.50 - 4.99 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
The technical rating of SKYE is bad and it also does not present a quality setup 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
1.51
1.55
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 | NEUTRAL | NEUTRAL | The long term trend for SKYE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SKYE is down. |
| ChartMill Relative Strength | 1.33 | NEGATIVE | SKYE has a low relative strength, it was outperformed by 98.67% 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) | 28.07 | OVERSOLD | The low RSI value suggests SKYE may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests SKYE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 0.53 | OVERSOLD | The low Stochastics value suggests SKYE may be oversold. |
| Average True Range in percent/ATR (20) | 27.74 | HIGH VOLATILITY | The high ATR as a percentage value for SKYE suggests high volalility. |
| Average Directional Index/ADX (14) | 29.49 | POSITIVE | The high ADX value value for SKYE suggests a strong 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)
1.53
+0.01 (+0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.66%
1 Week-11.05%
2 Weeks-64.08%
1 Month-60.87%
3 Month-60.67%
6 Month6.62%
12 Month-66.95%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%27.74%
ATR Inc-81.57%
Range Today0.07
ADR(20)0.3
ADR(20)%19.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.33
Mansfield-5.53
10 Day High4.99
10 Day Low1.5
20 Day High4.99
20 Day Low1.5
52 Week High5.96
52 Week Low1.14
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-6.9%
DER(5)-5.7%
Volume713.10K
Volume Incr-23.41%
Vol(5)1.21M
Vol(50)904.35K