Should you buy SKYQ stock?
Last updated:
Based on market data through , StockInvest.us rates Sky Quarry Inc. (SKYQ) as a Buy Candidate with a technical score of 1.82 on its -10 to +10 scale. This is an upgrade from Sell in the previous daily evaluation.
- Buy signal since
- Price since signal Flat 0.00%
- 3-month trend forecast Up 58.10%
- Bullish trend confirmed on both short and long timeframes
- Consistently positive technical signals over the last month
- Trading above its 200-day moving average
A very strong day for Sky Quarry Inc. stock price on Monday
(Market data through Aug 10, 2026)
The Sky Quarry Inc. stock price gained 6.57% on the last trading day (Monday, 10th Aug 2026), rising from $3.50 to $3.73. During the last trading day the stock fluctuated 6.63% from a day low at $3.55 to a day high of $3.78. The price has fallen in 7 of the last 10 days and is down by -3.12% for this period. Volume fell on the last day by -304 thousand shares and in total, 2 million shares were bought and sold for approximately $5.85 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
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 58.10% during the next 3 months and, with a 90% probability hold a price between $3.85 and $9.60 at the end of this 3-month period.
SKYQ Signals & Forecast
A sell signal was issued from a pivot top point on Thursday, July 23, 2026, and so far it has fallen -33.87%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Some positive signals were issued as well, and these may have some influence on the near short-term development. The Sky Quarry Inc. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $4.06. On a fall, the stock will find some support from the long-term average at approximately $3.61. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
Support, Risk & Stop-loss for Sky Quarry Inc. stock
On the downside, the stock finds support just below today's level from accumulated volume at $3.48 and $3.00. 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, Sky Quarry Inc. finds support just below today's level at $3.48. If this is broken, then the next support from accumulated volume will be at $3.00 and $2.88.
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 $0.235 between high and low, or 6.63%. For the last week, the stock has had daily average volatility of 11.03%.
Our recommended stop-loss: $3.52 (-5.56%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 12 days ago.)
Trading Expectations (SKYQ) For The Upcoming Trading Day Of Tuesday 11th
For the upcoming trading day on Tuesday, 11th we expect Sky Quarry Inc. to open at $3.69, and during the day (based on 14 day Average True Range), to move between $3.35 and $4.11, which gives a possible trading interval of +/-$0.761 (+/-22.74%) up or down from last closing price. If Sky Quarry Inc. takes out the full calculated possible swing range there will be an estimated 22.74% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $3.82 (2.41%) than the support at $3.48 (6.70%), 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 Sky Quarry Inc. stock A Buy?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.
Current score:
1.821
Buy Candidate
Upgraded
Predicted Fair Opening Price
Predicted fair opening price on August 11, 2026 - $3.69 ( 1.21%).
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SKYQ Performance
Trading levels for SKYQ
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 3.92 | 5.09% |
| R2 | 3.83 | 2.69% |
| R1 | 3.77 | 1.20% |
| Price | 3.73 | |
| S1 | 3.60 | -3.61% |
| S2 | 3.54 | -5.10% |
| S3 | 3.45 | -7.51% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 4.51 | 20.91% |
| R2 | 3.99 | 6.97% |
| R1 | 3.82 | 2.41% |
| Price | 3.73 | |
| S1 | 3.48 | -6.70% |
| S2 | 3.00 | -19.57% |
| S3 | 2.88 | -22.79% |
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