Skillz Stock Forecast

Buy or Hold candidate since Apr 20, 2026 Gain 162.73%

The Skillz Inc stock price fell by -2.39% on the last day (Wednesday, 3rd Jun 2026) from $10.04 to $9.80. During the last trading day the stock fluctuated 6.28% from a day low at $9.40 to a day high of $9.99. The price has risen in 6 of the last 10 days and is up by 25.64% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -62 thousand shares and in total, 219 thousand shares were bought and sold for approximately $2.15 million.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 86.46% during the next 3 months and, with a 90% probability hold a price between $12.45 and $29.24 at the end of this 3-month period.

SKLZ Signals & Forecast

The Skillz Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $9.46 and $7.07. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, April 23, 2026, and so far it has fallen -21.29%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Skillz Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $8.06 and $7.91. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Skillz Inc finds support just below today's level at $8.06. If this is broken, then the next support from accumulated volume will be at $7.91 and $7.66.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.590 between high and low, or 6.28%. For the last week, the stock has had daily average volatility of 9.17%.

Our recommended stop-loss: $9.27 (-5.44%) (This stock has very high daily movements and this gives very high risk. The RSI14 is 78 and this increases the risk substantially. There is a sell signal from a pivot top found 28 days ago.)

Trading Expectations (SKLZ) For The Upcoming Trading Day Of Thursday 4th

For the upcoming trading day on Thursday, 4th we expect Skillz Inc to open at $9.73, and during the day (based on 14 day Average True Range), to move between $9.25 and $10.35, which gives a possible trading interval of +/-$1.11 (+/-11.99%) up or down from last closing price. If Skillz Inc takes out the full calculated possible swing range there will be an estimated 11.99% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $10.00 (2.04%) than the support at $8.06 (17.76%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Skillz Inc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Skillz Inc stock to perform well in the short-term.

Current score: 3.795 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 4, 2026 - $9.73 ( 0.714%).

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