SKYE Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Skye Bioscience Inc (SKYE.O) Moving Averages Convergence Divergence (MACD) indicator is -0.0558, suggesting SKYE.O is Strong sell.

Skye Bioscience Inc (SKYE.O) 20-Day simple moving average is 0.953, while Skye Bioscience Inc (SKYE.O) share price is $0.7502, making it Sell.

Skye Bioscience Inc (SKYE.O) 60-Day simple moving average is 1.058, while Skye Bioscience Inc (SKYE.O) share price is $0.7502, making it Sell.

Technical Analysis for SKYE

Technical Sentiment Analysis for Skye Bioscience Inc (SKYE) As of 2026-02-09, Skye Bioscience Inc (SKYE) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 4 indicators are flashing buy, while 10 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SKYE stands at 34.522, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.0558, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 6.887 and the Commodity Channel Index (CCI) at -215.813 further confirm a -0.27 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, SKYE is trading below its 60-day moving average of $1.058 and below its 200-day long-term moving average of $2.327. Key price levels to watch include the immediate resistance at $1.073 and strong support at $0.748. A break above $1.073 could signal a bull continuation, while falling below $0.748 may test the next Fibonacci floor at $0.584.

Skye Bioscience Inc (SKYE) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.423	0.584	0.748	0.909	1.073	1.234	1.398
Fibonacci	0.584	0.708	0.785	0.909	1.033	1.11	1.234

Skye Bioscience Inc (SKYE) Technical Indicators

2026-02-09

Name	Value
RSI_14	34.522
STOCHk_14_3_3	6.887
STOCHd_14_3_3	9.171
CCI_20	-215.813
AO_5_34	-0.0794
MOM_10	-0.27
MACD_12_26_9	-0.0558

Skye Bioscience Inc (SKYE) Relative Strength Index (RSI) is 34.522, creating a Neutral signal.

Skye Bioscience Inc (SKYE) Stochastic Oscillator is 6.887, creating a Buy signal.

Skye Bioscience Inc (SKYE) Stochastic RSI is 9.171, creating a Buy signal.

Skye Bioscience Inc (SKYE) Commodity Channel Index (CCI) is -215.813, creating a Buy signal.

Skye Bioscience Inc (SKYE) Awesome Oscillator is -0.0794, creating a Sell signal.

Skye Bioscience Inc (SKYE) Momentum is -0.27, creating a Sell signal.

Skye Bioscience Inc (SKYE) MACD is -0.0558, creating a Sell signal.

Skye Bioscience Inc (SKYE) Moving Average

2026-02-09

Period	Simple	Signal
MA_5	0.828	Sell
MA_10	0.912	Sell
MA_20	0.953	Sell
MA_60	1.058	Sell
MA_200	2.327	Sell
MA_250	2.305	Sell

Skye Bioscience Inc (SKYE) 5-Day simple moving average is 0.828, while Skye Bioscience Inc (SKYE) share price is $0.7502, making it a Sell.

Skye Bioscience Inc (SKYE) 10-Day simple moving average is 0.912, while Skye Bioscience Inc (SKYE) share price is $0.7502, making it a Sell.

Skye Bioscience Inc (SKYE) 20-Day simple moving average is 0.953, while Skye Bioscience Inc (SKYE) share price is $0.7502, making it a Sell.

Skye Bioscience Inc (SKYE) 60-Day simple moving average is 1.058, while Skye Bioscience Inc (SKYE) share price is $0.7502, making it a Sell.

Skye Bioscience Inc (SKYE) 200-Day simple moving average is 2.327, while Skye Bioscience Inc (SKYE) share price is $0.7502, making it a Sell.

Skye Bioscience Inc (SKYE) 250-Day simple moving average is 2.305, while Skye Bioscience Inc (SKYE) share price is $0.7502, making it a Sell.

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Frequently Asked Questions

What is the current technical consensus for SKYE?

The overall technical consensus for Skye Bioscience Inc (SKYE) is currently strong sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 4 buy signals and 4 sell signals.

What are the key support and resistance levels for Skye Bioscience Inc (SKYE) today?

Based on pivot point calculations, Skye Bioscience Inc (SKYE) has an immediate support level at 0.748 and a major resistance level at 1.073. Traders also monitor the pivot point at 0.909 to determine the intraday trend direction.

Is Skye Bioscience Inc (SKYE) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Skye Bioscience Inc (SKYE) is currently 34.522. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Skye Bioscience Inc (SKYE)?

Skye Bioscience Inc (SKYE) Moving Averages Convergence Divergence (MACD) indicator is -0.0558, suggesting SKYE is strong sell. This indicator helps identify potential trend reversals or momentum shifts for Skye Bioscience Inc.

How is Skye Bioscience Inc (SKYE) performing relative to its 200-day moving average?

Skye Bioscience Inc (SKYE)is currently trading at $0.7502, which is below its 200-day simple moving average of 2.327. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.