SKY HARBOUR GROUP CORP (SKYH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SKYH - US83085C1071 - Common Stock
We assign a technical rating of 1 out of 10 to SKYH. SKYH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
SKYH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 9.61. Right above this resistance zone may be a good entry point.
More info and screens
8.64
When analyzing the support we notice one important area.
- Support @8.73 from a trend line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 9.61 to 9.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 9.85 to 9.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.20 from a trend line in the daily time frame.
- A resistance zone ranging from 10.57 to 10.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.34 from a horizontal line in the weekly time frame.
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 SKYH is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SKYH is up. |
| ChartMill Relative Strength | 18.96 | NEGATIVE | SKYH has a low relative strength, it was outperformed by 81.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SKYH is above a declining 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) | 55.3 | NEUTRAL | The RSI value for SKYH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SKYH has a positive trend. |
| Stochastics (14,3) | 85.84 | OVERBOUGHT | The high Stochastics value suggests SKYH may be overbought. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for SKYH suggests some volalility. |
| Average Directional Index/ADX (14) | 14.06 | NEGATIVE | The low ADX value for SKYH suggests a weak or negative trend. |
9.39
-0.06 (-0.63%)
SKY HARBOUR GROUP CORP / SKYH FAQ
Can you provide the ChartMill technical rating for SKY HARBOUR GROUP CORP?
ChartMill assigns a technical rating of 1 / 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 SKYH stock?
SKY HARBOUR GROUP CORP (SKYH) has an RSI value of 55.2959. This indicates that the stock is currently neutral.
What is the MACD signal for SKY HARBOUR GROUP CORP (SKYH) stock?
The MACD indicator for SKY HARBOUR GROUP CORP (SKYH) has a value of 0.0706961, indicating a bearish trend.
What is the buy/sell signal for SKYH stock?
The buy/sell signal for SKY HARBOUR GROUP CORP (SKYH) is hold as the short term and long term trends are mixed.