Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Skye Bioscience, Inc. (NASDAQ:SKYE)
Bear Market Rally (-75) - SKYE is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SKYE as it may be in the beginning of a reversal.
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 Jun 21st, 2024 at 7.350
The intermediate-term trend has been UP since Jan 29th, 2025 at 3.250
The short-term trend has been DOWN since Feb 21st, 2025 at 2.965
Smart Scan Analysis for SKYE
Based on our trend formula, SKYE is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.1400 | 3.2678 | 2.9300 | 2.9900 | -0.1400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.9800 | 114476 | 2025-02-21 15:59:53 |
| 52wk High | 19.4099 | 52wk High Date | 2024-03-04 |
| 52wk Low | 2.31 | 52wk Low Date | 2024-12-30 |
| Average Volume | 230,767 | Shares Outstanding | 30,338 |
| Assets | 81,535,660M | Liabilities | 5,732,285M |
| P/E Ratio | 5.9057 |