Taking everything into account, SKYQ scores 0 out of 10 in our technical rating. SKYQ'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.
Although the technical rating is bad, SKYQ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.36, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SKYQ in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.33
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.36 to 0.36. 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 0.33 to 0.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 0.39 to 0.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.42 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.51 to 0.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.55 from a trend line in the daily time frame.
- Resistance @0.72 from a horizontal line in the daily 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 SKYQ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SKYQ is neutral. |
| ChartMill Relative Strength | 5.18 | NEGATIVE | SKYQ has a low relative strength, it was outperformed by 94.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SKYQ is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SKYQ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SKYQ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.64 | NEUTRAL | The RSI value for SKYQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SKYQ has a positive trend. |
| Stochastics (14,3) | 33.5 | NEUTRAL | The Stochastics value for SKYQ is a neutral value. |
| Average True Range in percent/ATR (20) | 12.47 | HIGH VOLATILITY | The high ATR as a percentage value for SKYQ suggests high volalility. |
| Average Directional Index/ADX (14) | 21.37 | NEUTRAL | The ADX value for SKYQ suggests a possible start of a new trend. |
0.3747
-0.01 (-3.68%)
SKY QUARRY INC / SKYQ FAQ
Can you provide the ChartMill technical rating for SKY QUARRY INC?
ChartMill assigns a technical rating of 0 / 10 to SKYQ.
Can you provide the trend direction for SKY QUARRY INC?
The current trend direction for SKY QUARRY INC (SKYQ) is Bearish.
What is the RSI signal for SKY QUARRY INC (SKYQ) stock?
SKY QUARRY INC (SKYQ) has an RSI value of 47.6414. This indicates that the stock is currently neutral.
What is the MACD signal for SKYQ stock?
The MACD indicator for SKY QUARRY INC (SKYQ) has a value of 0.00829841, indicating a bearish trend.
What is the short term momentum for SKY QUARRY INC (SKYQ) stock?
The short term momentum for SKY QUARRY INC (SKYQ) is neutral.