SKILLZ INC (SKLZ) Stock Technical Analysis
NYSE:SKLZ - New York Stock Exchange, Inc. - US83067L2088 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to SKLZ. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SKLZ is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
When compared to the yearly performance of all other stocks, SKLZ outperforms 64% of them, which is more or less in line with the market.
SKLZ is part of the Entertainment industry. There are 71 other stocks in this industry, SKLZ did better than 58% of them.
SKLZ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SKLZ is lagging the market.
In the last month SKLZ has a been trading in the 6.06 - 6.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
SKLZ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
4.54
7.29
2 important support areas can be observed.
- A support zone ranging from 5.98 to 6.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.59 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 6.35 to 6.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.60 to 6.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.22 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.69
Mansfield-0.36
10 Day High6.72
10 Day Low6.06
20 Day High6.83
20 Day Low6.06
52 Week High7.48
52 Week Low4.33
Performance
1 Week-3.36%
2 Weeks-1.56%
1 Month-2.01%
3 Month15.72%
6 Month1.93%
12 Month-4.81%
2 Year-49.4%
3 Year-89.82%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.06
RSI(14)52.56
LBB6.1
UBB6.7
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.47 | 6.05 | 0.42 (6.49%) | 15.40% |
| An entry @6.47. This is a Buy Stop order right above the resistance zone. | An exit @6.05. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.42 points, which is 6.49%. | When investing 15.40% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
6.33
+0.05 (+0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg0.8%
1 Week-3.36%
2 Weeks-1.56%
1 Month-2.01%
3 Month15.72%
6 Month1.93%
12 Month-4.81%
2 Year-49.4%
3 Year-89.82%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%4.04%
ATR Inc9.82%
Range Today0.21
ADR(20)0.25
ADR(20)%3.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.69
Mansfield-0.36
10 Day High6.72
10 Day Low6.06
20 Day High6.83
20 Day Low6.06
52 Week High7.48
52 Week Low4.33
CS1 End6.07
CR1 Start6.35
Volume & EV
DER(3)-5.08%
DER(5)-4.9%
Volume91.60K
Volume Incr-17.35%
Vol(5)73.00K
Vol(50)118.33K