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SKYT
Stock ticker:
NASDAQ
AS OF
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Price
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Capitalization
382.21M

SKYT Price Prediction, SkyWater Technology AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

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SKYT Trading results, last 6 months
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A.I.Advisor
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12:00 AM EST Dec 06, 2022

SKYT's RSI Oscillator recovers from overbought zone

The 10-day RSI Indicator for SKYT moved out of overbought territory on November 14, 2022. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 8 instances where the indicator moved out of the overbought zone. In 8 of the 8 cases the stock moved lower in the days that followed. This puts the odds of a move down at 90%.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 14 cases where SKYT's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on December 06, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on SKYT as a result. In of 29 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for SKYT turned negative on November 18, 2022. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 13 similar instances when the indicator turned negative. In of the 13 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SKYT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

SKYT broke above its upper Bollinger Band on November 08, 2022. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

SKYT moved above its 50-day moving average on November 08, 2022 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for SKYT crossed bullishly above the 50-day moving average on November 09, 2022. This indicates that the trend has shifted higher and could be considered a buy signal. In of 5 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where SKYT advanced for three days, in of 93 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 48 cases where SKYT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (10.482) is normal, around the industry mean (5.861). P/E Ratio (0.000) is within average values for comparable stocks, (42.110). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.089). Dividend Yield (0.000) settles around the average of (0.027) among similar stocks. P/S Ratio (1.896) is also within normal values, averaging (13.397).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. SKYT’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. SKYT’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 70, placing this stock worse than average.

AI
A.I.Advisor
published price charts
AI
A.I. Advisor
published Earnings

SKYT is expected to report earnings to rise 73.85% to -22 cents per share on February 21

SkyWater Technology SKYT Stock Earnings Reports
Q4'22
Est.
$-0.23
Q3'22
Beat
by $0.12
Q2'22
Beat
by $0.03
Q1'22
Est.
$-0.33
Q4'21
Beat
by $0.04
The last earnings report on November 07 showed earnings per share of -12 cents, beating the estimate of -25 cents. With 278.55K shares outstanding, the current market capitalization sits at 382.21M.
AI
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), NVIDIA Corp (NASDAQ:NVDA), Broadcom (NASDAQ:AVGO), Texas Instruments (NASDAQ:TXN), QUALCOMM (NASDAQ:QCOM), Intel Corp (NASDAQ:INTC), Advanced Micro Devices (NASDAQ:AMD), Applied Materials (NASDAQ:AMAT), Analog Devices (NASDAQ:ADI), Lam Research Corp (NASDAQ:LRCX).

Industry description

The semiconductor industry manufacturers all chip-related products, including research and development. These chips are used in innumerable electronic devices, including computers, cell phones, smartphones, and GPSs. Intel Corporation, NVIDIA Corp., and Broadcomm are some of the prominent players in this industry. Semiconductor companies usually tend to do well during periods of healthy economic growth, thereby inducing further research and development in the industry – which in turn augurs well for productivity and growth in the economy. In the near future, demand for semiconductor products (and possibly innovation within the segment) should only expand further, with the proliferation of 5G, autonomous vehicles, IoT, and various AI-driven electronics set to herald a new, advanced chapter in the technology-driven world as we know it. With burgeoning prospects comes great competition. In 2015, SIA estimated that U.S. semiconductor industry ranks as the second most competitive U.S. industry out of 2882 U.S. industries designated manufacturers by the U.S. Census Bureau.

Market Cap

The average market capitalization across the Semiconductors Industry is 19.93B. The market cap for tickers in the group ranges from 13.43K to 405.48B. TSMWF holds the highest valuation in this group at 405.48B. The lowest valued company is CYBL at 13.43K.

High and low price notable news

The average weekly price growth across all stocks in the Semiconductors Industry was -0%. For the same Industry, the average monthly price growth was 8%, and the average quarterly price growth was -9%. ODII experienced the highest price growth at 25%, while WISA experienced the biggest fall at -27%.

Volume

The average weekly volume growth across all stocks in the Semiconductors Industry was 37%. For the same stocks of the Industry, the average monthly volume growth was -19% and the average quarterly volume growth was -17%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 51
P/E Growth Rating: 71
Price Growth Rating: 52
SMR Rating: 53
Profit Risk Rating: 70
Seasonality Score: 32 (-100 ... +100)
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published General Information

General Information

Industry Semiconductors

Profile
Fundamentals
Details
Industry
N/A
Address
2401 East 86th Street
Phone
+1 952 851-5200
Employees
590
Web
https://www.skywatertechnology.com
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SKYT and

Correlation & Price change

A.I.dvisor indicates that over the last year, SKYT has been loosely correlated with UCTT. These tickers have moved in lockstep 59% of the time. This A.I.-generated data suggests there is some statistical probability that if SKYT jumps, then UCTT could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SKYT
1D Price
Change %
SKYT100%
-8.31%
UCTT - SKYT
59%
Loosely correlated
-2.05%
SYNA - SKYT
58%
Loosely correlated
-1.83%
LSCC - SKYT
58%
Loosely correlated
-2.05%
NVDA - SKYT
58%
Loosely correlated
-3.75%
MPWR - SKYT
57%
Loosely correlated
-2.99%
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