SKYWATER TECHNOLOGY INC (SKYT) Technical Analysis
NASDAQ:SKYT • US83089J1088
Current stock price
31.16 USD
-0.66 (-2.07%)
At close:
31.05 USD
-0.11 (-0.35%)
After Hours:
SKYT Technical Rating and Analysis
Overall SKYT gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SKYT is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, SKYT did better than 98% of all other stocks. We also observe that the gains produced by SKYT over the past year are nicely spread over this period.
- SKYT is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry. SKYT outperforms 85% of them.
- SKYT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SKYT is lagging the market slightly.
- SKYT has an average volume of 1104910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month SKYT has a been trading in the 26.29 - 34.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SKYT Weekly and Daily overview Charts
SKYT Setup Rating and Analysis
Although SKYT has an excellent technical rating, it does not offer a high 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
SKYT Support and Resistance Analysis
21.15
35.14
When analyzing the support we can see 4 important areas.
- A support zone ranging from 30.62 to 31.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.24 to 29.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.00 from a horizontal line in the weekly time frame.
- A support zone ranging from 21.36 to 21.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @33.59 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 34.78 to 34.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
SKYT 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 | UP | POSITIVE | The long term trend for SKYT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SKYT is up. |
| ChartMill Relative Strength | 98.08 | POSITIVE | SKYT has a high relative strength, it outperformed 98.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SKYT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SKYT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SKYT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.11 | NEUTRAL | The RSI value for SKYT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SKYT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.06 | NEUTRAL | The Stochastics value for SKYT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.27 | MEDIUM VOLATILITY | The ATR as a percentage value for SKYT suggests some volalility. |
| Average Directional Index/ADX (14) | 22.09 | NEUTRAL | The ADX value for SKYT suggests a possible start of a new trend. |
SKYT Chart- and CandleStick Pattern Analysis
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)
SKYT Technicals: Chart, Performance Metrics, Trend & Indicators
31.16
-0.66 (-2.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.07%
1 Week-7.21%
2 Weeks-0.73%
1 Month19.02%
3 Month-1.58%
6 Month78.21%
12 Month313.26%
2 Year203.7%
3 Year244.69%
5 Year49.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.33
ATR(20)%4.27%
ATR Inc63.92%
Range Today0.96
ADR(20)1.19
ADR(20)%3.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.08
3 months CRS38.54
6 months CRS97.09
Mansfield5.58
10 Day High34.4
10 Day Low30.55
20 Day High34.4
20 Day Low26.29
52 Week High36.27
52 Week Low6.99
CS1 End31.15
CR1 Start33.59
Volume & EV
DER(3)1.05%
DER(5)0.93%
Volume1.15M
Volume Incr4.98%
Vol(5)1.21M
Vol(50)1.10M
SKYWATER TECHNOLOGY INC / SKYT TA FAQ
What is the ChartMill technical rating of SKYWATER TECHNOLOGY INC (SKYT) stock?
ChartMill assigns a technical rating of 10 / 10 to SKYT.
What is the trend direction for SKYT stock?
The current trend direction for SKYWATER TECHNOLOGY INC (SKYT) is Bullish.
What is the RSI signal for SKYT stock?
SKYWATER TECHNOLOGY INC (SKYT) has an RSI value of 52.1113. This indicates that the stock is currently neutral.
What is the MACD signal for SKYWATER TECHNOLOGY INC (SKYT) stock?
The MACD indicator for SKYWATER TECHNOLOGY INC (SKYT) has a value of 0.0435977, indicating a bearish trend.
What is the short term momentum for SKYT stock?
The short term momentum for SKYWATER TECHNOLOGY INC (SKYT) is positive.