SKILLSOFT CORP (SKIL) Stock Technical Analysis
NYSE:SKIL - US83066P3091 - Common Stock
15.27 USD
+0.66 (+4.52%)
15.27 USD
0 (0%)
We assign a technical rating of 2 out of 10 to SKIL. SKIL 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
SKIL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month SKIL has a been trading in the 13.75 - 15.84 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, SKIL turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
SKIL is an average performer in the Professional Services industry, it outperforms 70% of 81 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is bad, SKIL does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 15.28. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.59, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SKIL 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
13.67
16.21
2 important support areas can be observed.
- A support zone ranging from 14.38 to 14.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.81 to 13.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 15.28 to 15.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 16.05 to 16.05. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly 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 SKIL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SKIL is neutral. |
| ChartMill Relative Strength | 42.26 | NEUTRAL | SKIL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SKIL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SKIL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SKIL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.51 | NEUTRAL | The RSI value for SKIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests SKIL has a positive trend. |
| Stochastics (14,3) | 58.99 | NEUTRAL | The Stochastics value for SKIL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.66 | MEDIUM VOLATILITY | The ATR as a percentage value for SKIL suggests some volalility. |
| Average Directional Index/ADX (14) | 13.25 | NEGATIVE | The low ADX value for SKIL 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)
15.27
+0.66 (+4.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg4.52%
1 Week6.78%
2 Weeks6.26%
1 Month3.95%
3 Month-22.8%
6 Month-44.53%
12 Month27.68%
2 Year-41.72%
3 Year-76.29%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.7
ATR(20)%4.66%
ATR Inc33.69%
Range Today1.11
ADR(20)0.69
ADR(20)%4.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.26
Mansfield-2.7
10 Day High15.84
10 Day Low13.75
20 Day High15.84
20 Day Low13.75
52 Week High34.42
52 Week Low11.01
CS1 End14.59
CR1 Start15.28
Volume & EV
DER(3)7.36%
DER(5)0.63%
Volume38.10K
Volume Incr-41.45%
Vol(5)20.46K
Vol(50)51.71K