Skillz (SKLZ, $5.92) Moving Average Convergence Divergence (MACD) Histogram turned negative on August 29, 2024

#PackagedSoftware, #TechnicalAnalysis, #MACD, #Bearish, #Stocks, #MicroCap
SKLZ - Skillz
MACD signal
Bearish Trend
86%
Odds of DOWN Trend
Price: $5.92
Daily change: +$0.1 (+1.72%)
Daily volume: 59.8K
Capitalization: $103.2M
Industry: Packaged Software

This is a Bearish indicator signaling SKLZ's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 37 similar cases where SKLZ's MACD histogram became negative, and 32 of them led to successful outcomes. Odds of Success: 86%.