17.54 USD
-0.51 (-2.83%)
17.98 USD
+0.44 (+2.51%)
We assign a technical rating of 5 out of 10 to SKYT. In the last year, SKYT was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
SKYT has an average volume of 2011570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, SKYT outperforms 63% of them, which is more or less in line with the market.
SKYT is part of the Semiconductors & Semiconductor Equipment industry. There are 113 other stocks in this industry, SKYT did better than 53% of them.
SKYT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SKYT is lagging the market.
In the last month SKYT has a been trading in the 13.56 - 20.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SKYT has an average technical rating and also the quality of the setup is only medium 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
11.97
19.17
5 important support areas can be observed.
- A support zone ranging from 17.01 to 17.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @15.58 from a trend line in the weekly time frame.
- Support @15.16 from a trend line in the daily time frame.
- Support @12.49 from a trend line in the daily time frame.
- Support @12.09 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @18.05 from a horizontal line in the daily time frame.
- Resistance @18.37 from a horizontal line in the weekly time frame.
- Resistance @18.98 from a trend 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 | UP | POSITIVE | The long term trend for SKYT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SKYT is neutral. |
| ChartMill Relative Strength | 63.55 | NEUTRAL | SKYT is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of SKYT is above a declining 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) | 51.9 | NEUTRAL | The RSI value for SKYT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests SKYT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.45 | NEUTRAL | The Stochastics value for SKYT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.96 | HIGH VOLATILITY | The high ATR as a percentage value for SKYT suggests high volalility. |
| Average Directional Index/ADX (14) | 13.49 | NEGATIVE | The low ADX value for SKYT 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)
17.54
-0.51 (-2.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.83%
1 Week7.48%
2 Weeks-9.07%
1 Month18.67%
3 Month-2.99%
6 Month77.35%
12 Month17.64%
2 Year82.33%
3 Year146.7%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.42
ATR(20)%7.96%
ATR Inc-23.84%
Range Today0.74
ADR(20)1.34
ADR(20)%7.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.55
3 months CRS34.41
6 months CRS94.44
Mansfield3.71
10 Day High20.88
10 Day Low14.81
20 Day High20.88
20 Day Low13.56
52 Week High24.23
52 Week Low5.67
CS1 End17.25
CR1 Start18.05
Volume & EV
DER(3)1.67%
DER(5)-0.35%
Volume1.38M
Volume Incr9.06%
Vol(5)1.72M
Vol(50)2.01M
SKYWATER TECHNOLOGY INC / SKYT FAQ
What is the ChartMill technical rating of SKYWATER TECHNOLOGY INC (SKYT) stock?
ChartMill assigns a technical rating of 5 / 10 to SKYT.
Can you provide the trend direction for SKYWATER TECHNOLOGY INC?
The current trend direction for SKYWATER TECHNOLOGY INC (SKYT) is Bullish.
Can you provide the RSI signal for SKYWATER TECHNOLOGY INC?
SKYWATER TECHNOLOGY INC (SKYT) has an RSI value of 51.9008. This indicates that the stock is currently neutral.
What is the short term momentum for SKYWATER TECHNOLOGY INC (SKYT) stock?
The short term momentum for SKYWATER TECHNOLOGY INC (SKYT) is neutral.