Technical Analysis for SKLZ - Skillz Inc.

Grade Last Price % Change Price Change
D 6.12 -2.70% -0.17
SKLZ closed down 2.7 percent on Monday, March 18, 2024, on 72 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
7 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Flat Down

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
NR7 Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Stochastic Reached Oversold Weakness 0.00%
Inside Day Range Contraction 0.00%
BB Squeeze Ended Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 15 hours ago
Possible Inside Day about 15 hours ago
Down 3% about 16 hours ago
50 DMA Support about 16 hours ago
Fell Below 50 DMA about 16 hours ago

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Skillz is the leading mobile games platform that connects players in fair, fun, and meaningful competition. The Skillz platform helps developers build multi-million dollar franchises by enabling social competition in their games. Leveraging its patented technology, Skillz hosts billions of casual esports tournaments for millions of mobile players worldwide, and distributes millions in prizes each month. The company is headquartered in San Francisco and backed by leading venture capitalists, media companies, and professional sports leagues and franchises. Skillz has earned recognition as one of Fast Company’s Most Innovative Companies, CNBC’s Disruptor 50, Forbes’ Next Billion-Dollar Startups, and the #1 fastest-growing company in America on the Inc. 5000.
Classification

Sector: Communication Services
Industry: Electronic Gaming & Multimedia
Keywords: Video Games Esports Media Video Gaming

Is SKLZ a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 13.5
52 Week Low 0.4554
Average Volume 200,082
200-Day Moving Average 6.45
50-Day Moving Average 6.15
20-Day Moving Average 6.74
10-Day Moving Average 6.72
Average True Range 0.44
RSI (14) 42.53
ADX 33.07
+DI 22.00
-DI 22.74
Chandelier Exit (Long, 3 ATRs) 6.10
Chandelier Exit (Short, 3 ATRs) 7.19
Upper Bollinger Bands 7.26
Lower Bollinger Band 6.21
Percent B (%b) -0.09
BandWidth 15.52
MACD Line 0.05
MACD Signal Line 0.17
MACD Histogram -0.1153
Fundamentals Value
Market Cap 110.27 Million
Num Shares 18 Million
EPS -10.97
Price-to-Earnings (P/E) Ratio -0.56
Price-to-Sales 0.89
Price-to-Book 0.61
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.56
Resistance 3 (R3) 6.59 6.48 6.48
Resistance 2 (R2) 6.48 6.37 6.46 6.46
Resistance 1 (R1) 6.30 6.30 6.25 6.27 6.43
Pivot Point 6.19 6.19 6.16 6.17 6.19
Support 1 (S1) 6.01 6.08 5.96 5.98 5.81
Support 2 (S2) 5.90 6.01 5.88 5.78
Support 3 (S3) 5.72 5.90 5.76
Support 4 (S4) 5.69