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Stock Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Skye Bioscience, Inc. (NASDAQ:SKYE)
Sidelines Mode (+55) - SKYE is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 4.4500
The intermediate-term trend has been UP since Apr 16th, 2024 at 15.7450
The short-term trend has been DOWN since Apr 22nd, 2024 at 14.2376
Smart Scan Analysis for SKYE
Based on our trend formula, SKYE is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.6500 | 14.1000 | 12.5003 | 12.8700 | -1.1600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.8500 | 107219 | 2024-04-24 15:59:50 |
| 52wk High | 19.4099 | 52wk High Date | 2024-03-04 |
| 52wk Low | 1.44 | 52wk Low Date | 2023-12-01 |
| Average Volume | 61,063 | Shares Outstanding | 28,063 |
| Assets | 11,940,411M | Liabilities | 14,072,229M |
| P/E Ratio | -0.35000000 |