SKY HARBOUR GROUP CORP (SKYH) Stock Technical Analysis
NYSE:SKYH - New York Stock Exchange, Inc. - US83085C1071 - Common Stock - Currency: USD
Overall SKYH gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. SKYH was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, SKYH is a bad performer in the overall market: 74% of all stocks are doing better.
SKYH is one of the lesser performing stocks in the Transportation Infrastructure industry. 80% of 6 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
SKYH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SKYH is lagging the market.
In the last month SKYH has a been trading in the 9.50 - 11.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SKYH 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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
9.46
13.95
3 important support areas can be observed.
- A support zone ranging from 10.12 to 10.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.83 to 9.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.56 to 9.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 10.37 to 10.37. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @10.73 from a horizontal line in the daily time frame.
- Resistance @13.34 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 13.69 to 13.81. 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 | NEUTRAL | NEUTRAL | The long term trend for SKYH is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SKYH is up. |
| ChartMill Relative Strength | 26.69 | NEGATIVE | SKYH has a low relative strength, it was outperformed by 73.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SKYH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SKYH is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SKYH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.95 | NEUTRAL | The RSI value for SKYH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests SKYH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.76 | NEUTRAL | The Stochastics value for SKYH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for SKYH suggests some volalility. |
| Average Directional Index/ADX (14) | 24.37 | NEUTRAL | The ADX value for SKYH 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)
10.36
-0.32 (-3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTransportation Infrastructure
Performance
% Chg-3%
1 Week2.27%
2 Weeks3.6%
1 Month7.58%
3 Month-5.39%
6 Month-7.09%
12 Month1.07%
2 Year146.67%
3 Year114.49%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%3.4%
ATR Inc-19.69%
Range Today0.41
ADR(20)0.33
ADR(20)%3.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.69
Mansfield-1.58
10 Day High11.17
10 Day Low9.76
20 Day High11.17
20 Day Low9.5
52 Week High14.52
52 Week Low8.26
CS1 End10.33
CR1 Start10.37
Volume & EV
DER(3)-3.06%
DER(5)-3.09%
Volume122.40K
Volume Incr-8.63%
Vol(5)152.58K
Vol(50)158.78K