Sky Quarry Inc (SKYQ)

Is Sky Quarry Inc (SKYQ) A Buy Now?

According to our latest analysis, SKYQ could be considered a Strong Sell, with 17 technical analysis indicators signaling 4 Buy signals, 12 signaling Sell signals and 1 Neutral signals. This might not be a good time to consider opening new positions on SKYQ, as trading bearish markets can be challenging and may result in losses.

1. RSI (Relative Strength Index): The RSI(14) value of 24.30 indicates that SKYQ is oversold. This indicates that SKYQ price has experienced a significant decline over a specified lookback period, potentially leading to a rebound.
2. STOCH (Stochastic Oscillator): The STOCH value of 9.82 indicates that SKYQ is oversold. This indicates that SKYQ price is at or near the lowest level over a specified lookback period.
3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 6.49 indicates that SKYQ is oversold. This suggests that SKYQ price is at or near the lowest level relative to its recent price history.
4. ADX (Average Directional Index): The ADX value of 16.73 suggests that there may be some movement in price, but it lacks strength or conviction.
5. CCI (Commodity Channel Index): A CCI(14) value of -141.43 indicates that SKYQ is oversold. This means that the price has moved significantly lower than its average, indicating a potential buying opportunity.

Long-term SKYQ price forecast for 2026, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Sky Quarry Inc financial reports and earnings history, Sky Quarry Inc (SKYQ) stock could reach $31.71 by 2030, $72.46 by 2040 and $272.81 by 2050. See the projected annual prices until 2050 of the Sky Quarry Inc stock below:

• Sky Quarry Inc (SKYQ) is expected to reach an average price of $15.66 in 2035, with a high prediction of $57.99 and a low estimate of $15.82. This indicates an +1,298% change from the last recorded price of $1.12.
• Sky Quarry Inc (SKYQ) stock is projected to chart a bullish course in 2040, with an average price target of $7.20, representing an +542.95% change from its current level. The forecast ranges from a conservative $7.35 to a sky-high $72.46.
• Our analysts predict Sky Quarry Inc (SKYQ) to change +18,865% by 2045, soaring from $10.17 to an average price of $212.39, potentially reaching $221.18. While $10.17 is the low estimate, the potential upside is significant.
• Sky Quarry Inc (SKYQ) stock is expected to climb by 2050, reaching an average of $231.05, a +20,531% change from its current level. However, a wide range of estimates exists, with high and low targets of $272.81 and $12.98, respectively, highlighting the market's uncertainty.

Sky Quarry Inc Stock (SKYQ) Year by Year Forecast