Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
SKYE BIOSCIENCE INC (NASDAQ:SKYE)
Long-Term Downtrend (-90) - SKYE is in a strong downtrend that is likely to continue. While SKYE is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for SKYE
The long-term trend has been DOWN since Sep 3rd, 2021 at 0.1313
The intermediate-term trend has been DOWN since Aug 6th, 2021 at 0.1400
The short-term trend has been DOWN since Sep 14th, 2021 at 0.1255
Smart Scan Analysis for SKYE
Based on our trend formula, SKYE is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.2589||52wk High Date||2021-06-02|
|52wk Low||0.0245||52wk Low Date||2020-12-09|
|Average Volume||2,532,771||Shares Outstanding||417,247|