SKY HARBOUR GROUP CORP (SKYH) Technical Analysis
NYSE:SKYH • US83085C1071
Current stock price
SKYH Technical Rating and Analysis
Taking everything into account, SKYH scores 6 out of 10 in our technical rating. In the last year, SKYH was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- When comparing the yearly performance of all stocks, SKYH is a bad performer in the overall market: 73% 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.
- In the last month SKYH has a been trading in the 8.77 - 10.24 range, which is quite wide. It is currently trading near the high of this range.
- SKYH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SKYH is lagging the market slightly.
SKYH Weekly and Daily overview Charts
SKYH Setup Rating and Analysis
Although the technical rating is only medium, SKYH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 10.01. Right above this resistance zone may be a good entry point.
More info and screens
SKYH Support and Resistance Analysis
8.46
We found 5 important support areas.
- Support @9.94 from a horizontal line in the daily time frame.
- A support zone ranging from 9.23 to 9.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.92 from a trend line in the weekly time frame.
- A support zone ranging from 8.71 to 8.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.55 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 10.01 to 10.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.33 from a horizontal line in the daily time frame.
SKYH Technical Indicator Signal Analysis
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 | 27.46 | NEGATIVE | SKYH has a low relative strength, it was outperformed by 72.54% 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) | UP | POSITIVE | The current price of SKYH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SKYH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.94 | NEUTRAL | The RSI value for SKYH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SKYH has a positive trend. |
| Stochastics (14,3) | 79.45 | NEUTRAL | The Stochastics value for SKYH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.1 | MEDIUM VOLATILITY | The ATR as a percentage value for SKYH suggests some volalility. |
| Average Directional Index/ADX (14) | 8.55 | NEGATIVE | The low ADX value for SKYH suggests a weak or negative trend. |
SKYH Chart- and CandleStick Pattern Analysis
SKYH Example Setup
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 |
|---|---|---|---|
| 10.10 | 9.93 | 0.17 (1.68%) | 25.00% |
| An entry @10.10. This is a Buy Stop order right above the resistance zone. | An exit @9.93. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.17 points, which is 1.68%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.42%. |
- The distance between exit and entry is rather small compared to the average daily movement of SKYH. 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.
SKYH Technicals: Chart, Performance Metrics, Trend & Indicators
10
+0.06 (+0.6%)
SKY HARBOUR GROUP CORP / SKYH TA FAQ
Can you provide the ChartMill technical rating for SKY HARBOUR GROUP CORP?
ChartMill assigns a technical rating of 6 / 10 to SKYH.
Can you provide the trend direction for SKY HARBOUR GROUP CORP?
The current trend direction for SKY HARBOUR GROUP CORP (SKYH) is Bearish.
What is the RSI signal for SKY HARBOUR GROUP CORP (SKYH) stock?
SKY HARBOUR GROUP CORP (SKYH) has an RSI value of 60.9364. This indicates that the stock is currently neutral.
What is the short term momentum for SKYH stock?
The short term momentum for SKY HARBOUR GROUP CORP (SKYH) is positive.
What are the support and resistance levels for SKY HARBOUR GROUP CORP (SKYH) stock?
SKY HARBOUR GROUP CORP (SKYH) has a support level at 9.94 and a resistance level at 10.01. Check the full technical report for our detailed analysis of SKYH support and resistance levels.