SKYX PLATFORMS CORP (SKYX) Stock Technical Analysis
NASDAQ:SKYX - Nasdaq - US78471E1055 - Common Stock - Currency: USD
Overall SKYX gets a technical rating of 3 out of 10. SKYX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month SKYX has a been trading in the 1.17 - 1.58 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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, SKYX turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
SKYX is part of the Electrical Equipment industry. There are 94 other stocks in this industry, SKYX did better than 60% of them.
SKYX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SKYX is lagging the market slightly.
The technical rating of SKYX 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
0.94
1.31
When analyzing the support we can see 2 important areas.
- Support @1.01 from a trend line in the weekly time frame.
- Support @0.95 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.29 to 1.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for SKYX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SKYX is neutral. |
| ChartMill Relative Strength | 56.8 | NEUTRAL | SKYX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SKYX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SKYX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SKYX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.89 | NEUTRAL | The RSI value for SKYX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SKYX has a negative trend. |
| Stochastics (14,3) | 12.83 | OVERSOLD | The low Stochastics value suggests SKYX may be oversold. |
| Average True Range in percent/ATR (20) | 7.61 | HIGH VOLATILITY | The high ATR as a percentage value for SKYX suggests high volalility. |
| Average Directional Index/ADX (14) | 16.04 | NEGATIVE | The low ADX value for SKYX 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)
NASDAQ:SKYX (6/18/2025, 2:42:30 PM)
1.185
+0.02 (+1.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg1.28%
1 Week-8.59%
2 Weeks-8.59%
1 Month-18.75%
3 Month-9.3%
6 Month13.59%
12 Month17%
2 Year-56.01%
3 Year-41.5%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%7.61%
ATR Inc93.69%
Range Today0.08
ADR(20)0.09
ADR(20)%7.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.8
Mansfield-0.53
10 Day High1.38
10 Day Low1.17
20 Day High1.58
20 Day Low1.17
52 Week High2.13
52 Week Low0.75
CS1 End1.01
CR1 Start1.29
Volume & EV
DER(3)-5.24%
DER(5)-6.31%
Volume296.18K
Volume Incr-4.51%
Vol(5)527.78K
Vol(50)443.31K