Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, May 22, 2024.

SkyWater Technology, Inc. (NASDAQ:SKYT)

Long-Term Downtrend (-90) - SKYT is in a strong downtrend that is likely to continue. While SKYT 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 SKYT?

MarketClub looks at technical strength and momentum to determine if the timing is right for SKYT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low SKYT Price Change
8.150 8.185 7.930 8.060 -0.320
Entry Signal

MarketClub’s Trade Triangles for SKYT

long term down The long-term trend has been DOWN since Apr 19th, 2024 at 8.28

intermediate term down The intermediate-term trend has been DOWN since May 9th, 2024 at 8.25

short term down The short-term trend has been DOWN since May 21st, 2024 at 8.00

Smart Scan Analysis for SKYT

Based on our trend formula, SKYT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SKYT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.150 8.185 7.930 8.060 -0.320
Prev. Close Volume Bid Ask Time
8.070 500665 2024-05-21 15:59:44
52wk High12.9752wk High Date2024-03-08
52wk Low4.7352wk Low Date2023-11-01
Average Volume626,281Shares Outstanding47,350
P/E Ratio-11.52860000
Get a free daily analysis and signals for SkyWater Technology, Inc. (SKYT) - Request Your Free Report.