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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Skye Bioscience, Inc. (NASDAQ:SKYE)
Weak Downtrend (-65) - SKYE is showing signs of a strengthening downtrend. Monitor SKYE as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SKYE?
MarketClub looks at technical strength and momentum to determine if the timing is right for SKYE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SKYE
The long-term trend has been UP since Feb 6th, 2024 at 4.45
The intermediate-term trend has been DOWN since May 7th, 2024 at 12.48
The short-term trend has been DOWN since May 7th, 2024 at 12.72
Smart Scan Analysis for SKYE
Based on our trend formula, SKYE is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.49 | 13.49 | 12.32 | 12.48 | -0.25 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.50 | 27727 | 2024-05-08 15:59:24 |
| 52wk High | 19.4099 | 52wk High Date | 2024-03-04 |
| 52wk Low | 1.44 | 52wk Low Date | 2023-12-01 |
| Average Volume | 66,785 | Shares Outstanding | 28,063 |
| Assets | 11,940,411M | Liabilities | 14,072,229M |
| P/E Ratio | -0.35000000 |
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