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SKYT forms New Downtrend on July 16

SkyWater Technology, Inc. (SKYT) — Nightly Technical Analysis · Jul 16, 2026, 17:32 ET
On Thursday, July 16th, SKYT moved down 1.1% while volume shrunk to 0.7× the usual levels. Multiple bearish signals emerged — New Downtrend and Lower Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 30.7, 29.91 & 29.33, with resistance at 32.07, 32.65 & 33.44. Technical indicators like Slow Stochastic reveal oversold momentum right now.

Current SwingTradeBot Technical Rating of SKYT: C

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SkyWater Technology, Inc. (SKYT)