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Is SKIL set to rally? 200 Day Moving Average Support shows up after advancing 4.34%

Skillsoft Corp. (SKIL) — Nightly Technical Analysis · Aug 5, 2026, 20:02 ET
SKIL closed up 4.34% on Wednesday, August 5th, with volume running 0.5× below average. Multiple bullish signals emerged — 200 DMA Support, Reversal New Highs Setup & Expansion Breakout — suggesting potential strength ahead. Key support levels exist at 7.82, 7.22 & 6.89, with resistance at 8.74, 9.07 & 9.67. Slow Stochastic readings suggest the stock is currently overbought.

Current SwingTradeBot Technical Rating of SKIL: C

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Skillsoft Corp. (SKIL)