SKY QUARRY INC (SKYQ) Stock Technical Analysis
USA - NASDAQ:SKYQ - US83087C2044 - Common Stock
0.3541 USD
+0.01 (+1.84%)
0.3429 USD
-0.01 (-3.16%)
Overall SKYQ gets a technical rating of 0 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SKYQ is a bad performer in the overall market: 96% of all stocks are doing better.
SKYQ is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 89% of 210 stocks in the same industry do better.
SKYQ is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so SKYQ is lagging the market.
In the last month SKYQ has a been trading in the 0.32 - 0.52 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.
SKYQ has an average volume of 3892280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
The technical rating of SKYQ 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
0.35
0.73
5 important resistance areas can be observed.
- Resistance @0.47 from a trend line in the daily time frame.
- A resistance zone ranging from 0.48 to 0.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.54 from a trend line in the weekly time frame.
- Resistance @0.56 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 | DOWN | NEGATIVE | The short term trend for SKYQ is down. |
| ChartMill Relative Strength | 4.52 | NEGATIVE | SKYQ has a low relative strength, it was outperformed by 95.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SKYQ is below 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) | 35.85 | NEUTRAL | The RSI value for SKYQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SKYQ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.67 | OVERSOLD | The low Stochastics value suggests SKYQ may be oversold. |
| Average True Range in percent/ATR (20) | 12.55 | HIGH VOLATILITY | The high ATR as a percentage value for SKYQ suggests high volalility. |
| Average Directional Index/ADX (14) | 13.15 | NEGATIVE | The low ADX value for SKYQ suggests a weak or negative 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)
0.3541
+0.01 (+1.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.84%
1 Week-13.42%
2 Weeks-21.31%
1 Month-19.52%
3 Month-30.09%
6 Month-58.5%
12 Month-69.73%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%12.55%
ATR Inc37.31%
Range Today0.05
ADR(20)0.04
ADR(20)%12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.52
3 months CRS8.81
6 months CRS3.3
Mansfield-5.58
10 Day High0.44
10 Day Low0.32
20 Day High0.52
20 Day Low0.32
52 Week High1.94
52 Week Low0.32
CS1 EndN/A
CR1 Start0.47
Volume & EV
DER(3)-10.37%
DER(5)-9.71%
Volume165.80K
Volume Incr-87.95%
Vol(5)219.48K
Vol(50)3.89M
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 35.8531. 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 -0.00648624, 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 negative.