SKYWATER TECHNOLOGY INC (SKYT) Stock Technical Analysis
NASDAQ:SKYT - Nasdaq - US83089J1088 - Common Stock
We assign a technical rating of 8 out of 10 to SKYT. In the last year, SKYT was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month SKYT has a been trading in the 10.99 - 16.94 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that SKYT is one of the better performing stocks in the market, outperforming 84% of all stocks.
SKYT is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 75% of 109 stocks in the same industry.
SKYT has an average volume of 1015250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SKYT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SKYT is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although SKYT has an excellent technical rating, it does not present a decent entry opportunity 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
7.14
15.28
When analyzing the support we can see 5 important areas.
- Support @11.54 from a horizontal line in the weekly time frame.
- A support zone ranging from 11.24 to 11.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.85 from a trend line in the daily time frame.
- Support @8.08 from a horizontal line in the daily time frame.
- Support @7.21 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @15.13 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
CRS84.78
Mansfield1.35
10 Day High16.94
10 Day Low10.99
20 Day High16.94
20 Day Low10.99
52 Week High19
52 Week Low5.63
Performance
1 Week3.98%
2 Weeks-18.84%
1 Month-25.38%
3 Month12.21%
6 Month55.97%
12 Month39.5%
2 Year8.69%
3 Year17.25%
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)-0.44
RSI(14)47.99
LBB9.91
UBB15.88
SKYWATER TECHNOLOGY INC
NASDAQ:SKYT (1/21/2025, 8:26:54 PM)
Premarket: 12.0982 +0.34 (+2.88%)11.76
+0.21 (+1.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.82%
1 Week3.98%
2 Weeks-18.84%
1 Month-25.38%
3 Month12.21%
6 Month55.97%
12 Month39.5%
2 Year8.69%
3 Year17.25%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.32
ATR(20)%14.38%
ATR Inc-51.52%
Range Today0.93
ADR(20)1.53
ADR(20)%13.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.78
Mansfield1.35
10 Day High16.94
10 Day Low10.99
20 Day High16.94
20 Day Low10.99
52 Week High19
52 Week Low5.63
CS1 End11.54
CR1 Start15.13
Volume & EV
DER(3)-3.18%
DER(5)-2.93%
Volume620.50K
Volume Incr-64.47%
Vol(5)619.66K
Vol(50)1.02M