SkyWater Technology (SKYT, $7.76) entered Downtrend as Momentum indicator drops below 0 level on Mar 26, 2025

#Semiconductors, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #SmallCap, #Russel2000
SKYT - SkyWater Technology
Momentum signal
Bearish Trend
87%
Odds of DOWN Trend
Price: $7.76
Daily change: -$0.29 (-3.6%)
Daily volume: 434.2K
Capitalization: $372.4M
Industry: Semiconductors

This indicator may be signaling that SKYT's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 68 similar cases where SKYT's Momentum Indicator fell below the 0 level, and 59 of them led to a successful outcome. Odds of Success: 87%.