Skillz (SKLZ, $6.38) entered Downtrend as Momentum indicator drops below 0 level on Feb 11, 2025

SKLZ - Skillz

Momentum signal

86%

Odds of DOWN Trend

Price: $6.38

Daily change: -$0.04 (-0.62%)

Daily volume: 63.7K

Capitalization: $107.8M

Industry: Packaged Software

This indicator may be signaling that SKLZ'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 79 similar cases where SKLZ's Momentum Indicator fell below the 0 level, and 68 of them led to a successful outcome. Odds of Success: 86%.