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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.

NASDAQ_SKYE
Open High Low SKYE Price Change
0.0700 0.0740 0.0675 0.0699 +0.0009
Entry Signal

MarketClub’s Trade Triangles for SKYE

long term down The long-term trend has been DOWN since Sep 3rd, 2021 at 0.1313

intermediate term down The intermediate-term trend has been DOWN since Aug 6th, 2021 at 0.1400

short term down 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).

-90
Smart Scan Analysis for SKYE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0700 0.0740 0.0675 0.0699 +0.0009
Prev. Close Volume Bid Ask Time
0.0690 1353546 2021-10-20 14:58:24
52wk High0.258952wk High Date2021-06-02
52wk Low0.024552wk Low Date2020-12-09
Average Volume2,532,771Shares Outstanding417,247
Assets5,488,104MLiabilities3,217,000M
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