Loading...

Skkynet Cloud Systems, Inc.

SKKYPNK
Technology
Software - Infrastructure
$0.47
$0.12(34.09%)
U.S. Market opens in 12h 52m

Skkynet Cloud Systems, Inc. (SKKY) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Skkynet Cloud Systems, Inc. (PNK:SKKY).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SKKY Technical Analysis Summary

Skkynet Cloud Systems, Inc. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.82)
Trend Strength:Strong (ADX: 36.25)
Volatility:High (ATR: 0.03)
Support/Resistance:$0.23 – $0.34 (Bollinger Bands)

Overall, Skkynet Cloud Systems, Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 43.82

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 20.12

Bearish
Momentum remains weak below midpoint.

Williams %R: -92.79

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 0.76

Neutral
Price change is minimal.

Takeaway:Skkynet Cloud Systems, Inc. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 36.25

Strong
Strong trend, momentum well established.

ATR (14): 0.03

Low
Low volatility, stable price action.

CCI (14): -92.03

Bearish
Bearish, momentum remains under pressure.

Takeaway:Skkynet Cloud Systems, Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.34
Middle Band (SMA 20)
$0.28
Lower Band
$0.23
Current Position
Above Upper Band

Takeaway:Skkynet Cloud Systems, Inc. trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$0.34
Middle Line (EMA 20)
$0.29
Lower Channel
$0.24
Squeeze Status
No Squeeze

Takeaway:Skkynet Cloud Systems, Inc. trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume54.62K
Money Flow Index95.97Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index42.60Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:SKKY shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Skkynet Cloud Systems, Inc., here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Skkynet Cloud Systems, Inc. are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ