Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Skye Bioscience, Inc. (NASDAQ:SKYE)
Strong Downtrend (-100) - SKYE is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SKYE continues to fall. 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.
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MarketClub’s Trade Triangles for SKYE
The long-term trend has been DOWN since Jun 21st, 2024 at 7.35
The intermediate-term trend has been DOWN since Nov 15th, 2024 at 4.50
The short-term trend has been DOWN since Dec 4th, 2024 at 4.22
Smart Scan Analysis for SKYE
Based on our trend formula, SKYE is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.5500 | 2.6600 | 2.4785 | 2.5500 | -0.0800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.5500 | 119007 | 2024-12-24 12:59:58 |
| 52wk High | 19.4099 | 52wk High Date | 2024-03-04 |
| 52wk Low | 2.25 | 52wk Low Date | 2024-01-25 |
| Average Volume | 205,185 | Shares Outstanding | 30,338 |
| Assets | 81,535,660M | Liabilities | 5,732,285M |
| P/E Ratio | 4.8113 |