Stock Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
SKYE BIOSCIENCE INC (NASDAQ:SKYE)
Countertrend Up (+85) - SKYE is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Feb 3rd, 2021 at 0.1305
The intermediate-term trend has been UP since Mar 9th, 2021 at 0.1425
The short-term trend has been UP since Apr 6th, 2021 at 0.1200
Smart Scan Analysis for SKYE
Based on our trend formula, SKYE is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.246||52wk High Date||2021-01-19|
|52wk Low||0.0245||52wk Low Date||2020-12-09|
|Average Volume||1,957,893||Shares Outstanding||350,008|