SKYE BIOSCIENCE INC (SKYE) Stock Technical Analysis
NASDAQ:SKYE - Nasdaq - US83086J2006 - Common Stock - Currency: USD
Taking everything into account, SKYE scores 1 out of 10 in our technical rating. SKYE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture 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.
100% of all other stocks performed better in the past year than SKYE.
SKYE is one of the lesser performing stocks in the Biotechnology industry. 93% of 572 stocks in the same industry do better.
In the last month SKYE has a been trading in the 2.36 - 4.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
SKYE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for SKYE 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
2.55
5.09
2 important support areas can be observed.
- Support @2.71 from a trend line in the daily time frame.
- Support @2.58 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @3.22 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 3.31 to 3.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.46 from a trend line in the daily time frame.
- Resistance @5.04 from a trend 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
CRS0
Mansfield-30
10 Day High4.25
10 Day Low2.6
20 Day High4.25
20 Day Low2.36
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-0.69%
2 Weeks7.04%
1 Month3.21%
3 Month-41.62%
6 Month-37.98%
12 MonthN/A
2 YearN/A
3 YearN/A
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)0.04
RSI(14)47.29
LBB2.36
UBB3.67
SKYE BIOSCIENCE INC
NASDAQ:SKYE (2/11/2025, 8:00:01 PM)
After market: 2.98 +0.09 (+3.11%)2.89
-0.54 (-15.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-15.74%
1 Week-0.69%
2 Weeks7.04%
1 Month3.21%
3 Month-41.62%
6 Month-37.98%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%14.76%
ATR Inc44.18%
Range Today0.79
ADR(20)0.42
ADR(20)%14.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High4.25
10 Day Low2.6
20 Day High4.25
20 Day Low2.36
52 Week HighN/A
52 Week LowN/A
CS1 End2.71
CR1 Start3.22
Volume & EV
DER(3)5.32%
DER(5)-3%
Volume499.70K
Volume Incr53.26%
Vol(5)262.74K
Vol(50)193.64K