Question 1

What implications does the 10-day RSI indicator have for SKLZ?

Accepted Answer

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where SKLZ's RSI Oscillator exited the oversold zone, 24 of 32 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 2

What does the Stochastic Oscillator suggest about SKLZ's trend?

Accepted Answer

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 40 of 45 cases where SKLZ's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 3

How did SKLZ's Momentum indicator behave recently?

Accepted Answer

SKLZ saw its Momentum Indicator move below the 0 level on August 19, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 69 similar instances where the indicator turned negative. In 60 of the 69 cases, the stock moved further down in the following days. The odds of a decline are at 0%.

Question 4

What does MACD indicator imply for SKLZ?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for SKLZ just turned positive on August 16, 2024. Looking at past instances where SKLZ's MACD turned positive, the stock continued to rise in 27 of 37 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What does a 3-day decline signify for SKLZ's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SKLZ declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 6

How does the Aroon Indicator reflect on SKLZ's trend?

Accepted Answer

The Aroon Indicator for SKLZ entered a downward trend on August 14, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

SKLZ Stock Skillz (SKLZ, $6.97) RSI Indicator left the overbought zone on June 04, 2024

Momentum Indicator for SKLZ turns negative, indicating new downward trend

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