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SKYQ is not a good buy right now. The stock is in a clear bearish trend (bearish moving averages, worsening MACD) and just dropped -13.64% to ~$0.292, with insiders selling aggressively (+284.57% over the last month). With no fresh news catalysts, no proprietary buy signals, and weak/uneconomic fundamentals (negative gross margin and sizable losses), the odds favor further downside or choppy, low-quality rebounds—making this a poor entry for an impatient buyer.
Trend/price action: Strong downtrend. Price ~$0.2918 is below key levels and just experienced a sharp selloff (-13.64%). Momentum: MACD histogram -0.0114 is below zero and negatively expanding, confirming bearish momentum is strengthening. RSI: RSI_6 at 34.4 is weak and near “oversold-ish” territory, which can allow short bounces, but it is not a reversal signal by itself. Moving averages: Bearish alignment (SMA_200 > SMA_20 > SMA_5) confirms a sustained downtrend. Levels: Pivot 0.364 is far overhead (major recovery needed). Immediate support sits at S2 ~0.285 (price is hovering just above it). S1 is 0.315 (now resistance). If 0.285 breaks, downside risk increases. Pattern-based outlook: Similar-pattern stats imply near-term softness (next day skewed down), with a potential 1-month rebound (+11.57%) but that’s lower-confidence versus the current trend.
Intellectia Proprietary Trading Signals
Technically stretched/near support: RSI is low and price is sitting near S2 (~0.285), which can spark a short-lived bounce.
Pattern study shows potential for a 1-month rebound (+11.57%), suggesting upside is possible if selling pressure exhausts.
and far below pivot (0.
implies prior support has turned into resistance.
Latest quarter: 2025/Q3. Revenue was ~$1.34M (listed as 0.00% YoY change), while profitability remains very weak: net income around -$3.79M and EPS -0.17. Gross margin is deeply negative (-78.79), indicating the core business economics are currently unfavorable. Overall: no visible growth acceleration and losses remain heavy.
No analyst rating or price target change data was provided, so a Wall Street pros/cons consensus cannot be verified from the dataset. Based on the available facts, the market-facing ‘pro’ case would be a speculative technical bounce near support, while the ‘con’ case is dominant: downtrend, insider selling, and weak unit economics.
