SKYE Stock Analysis: Buy, Sell, or Hold?
SKYE - Skye Bioscience, Inc. Common Stock
$0.71
0.00 (0.21%)
▲
5d:
-9.96%
30d:
-7.83%
90d:
+9.21%
HOLD
MODERATE Confidence
Analysis Updated: Jun 22, 2026 12:00 AM ET
Earnings: Aug 06, 2026
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Interactive Price Chart (1 Month)
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Bottom Line:
📊 HOLD: SKYE shows balanced signals. Fine to hold or accumulate slowly. Monitor for clearer direction.
📊 HOLD: SKYE shows balanced signals. Fine to hold or accumulate slowly. Monitor for clearer direction.
In-depth Analysis How we analyze
Valuation Analysis: SKYE is currently trading at $0.71, which is considered oversold relative to its 30-day fair value range of $0.72 to $0.81.
Technical Outlook: Technically, SKYE is showing sideways momentum. Immediate support is located at $0.68, while resistance sits at $0.86.
Market Sentiment: SKYE has a weak technical setup (25/100), with bearish trendlines and momentum suggesting caution for short-term entries. Wall Street analysts see significant upside, with an average price target of $7.71 (+988.4%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Technical Outlook: Technically, SKYE is showing sideways momentum. Immediate support is located at $0.68, while resistance sits at $0.86.
Market Sentiment: SKYE has a weak technical setup (25/100), with bearish trendlines and momentum suggesting caution for short-term entries. Wall Street analysts see significant upside, with an average price target of $7.71 (+988.4%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Quick Decision Summary
Current Position
OVERSOLD
Historical Trading Range
$0.72 -
$0.81
Company Quality Score
43/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
57.9%
All Signals
- BULLISH: Price oversold vs 30-day range
- BEARISH: Weak technical setup (25/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 988.4% below Wall St target ($7.71)
- CAUTION: 5-day price weakness (-10.0%) - monitor closely
Trading Range Analysis
30-Day Trading Range
$0.72 -
$0.81
Current vs Trading Range
OVERSOLD
Support & Resistance Levels
Support Level
$0.68
Resistance Level
$0.86
Current Trend
Sideways
Technical data as of
Jun 9, 2026
Fundamental Context
Forward P/E (Next Year Est.)
-0.63
Wall Street Target
$7.71
(+988.4%)
Share & Embed Analysis
Last updated: June 22, 2026 11:11 PM ET
Data refreshes hourly during market hours. Next update: 12:11 AM
Data refreshes hourly during market hours. Next update: 12:11 AM
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Technical Signals Check
Is SKYE showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
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