SKYE BIOSCIENCE INC (SKYE) Stock Technical Analysis
NASDAQ:SKYE - Nasdaq - US83086J2006 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to SKYE. SKYE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, SKYE is a bad performer in the overall market: 98% of all stocks are doing better.
SKYE is one of the lesser performing stocks in the Biotechnology industry. 83% of 568 stocks in the same industry do better.
SKYE is currently trading near the lower end of its 52 week range, which is not a good sign. SKYE is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month SKYE has a been trading in the 1.14 - 3.73 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
The technical rating of SKYE 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
1.42
2.00
When analyzing the resistance we notice 2 important areas.
- Resistance @1.85 from a trend line in the daily time frame.
- Resistance @1.98 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.91
Mansfield-7.14
10 Day High3.73
10 Day Low1.14
20 Day High3.73
20 Day Low1.14
52 Week High16.01
52 Week Low1.14
Performance
1 Week7.09%
2 Weeks2.5%
1 Month-24.07%
3 Month-46.05%
6 Month-69.01%
12 Month-91.11%
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)40.43
LBB1.16
UBB1.67
1.435
-0.15 (-9.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-9.18%
1 Week7.09%
2 Weeks2.5%
1 Month-24.07%
3 Month-46.05%
6 Month-69.01%
12 Month-91.11%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%23.8%
ATR Inc-37%
Range Today0.24
ADR(20)0.33
ADR(20)%22.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.91
Mansfield-7.14
10 Day High3.73
10 Day Low1.14
20 Day High3.73
20 Day Low1.14
52 Week High16.01
52 Week Low1.14
CS1 EndN/A
CR1 Start1.85
Volume & EV
DER(3)-6.6%
DER(5)-6.26%
Volume587.70K
Volume Incr2269.11%
Vol(5)5.90M
Vol(50)770.87K