Technical Analysis for SKS - SKS Technologies Group Limited

Grade Last Price % Change Price Change
A 0.825 3.77% 0.030
SKS closed up 3.77 percent on Friday, May 17, 2024, on 50 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Very Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Stochastic Reached Overbought Strength 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
New 52 Week Closing High Bullish 3.77%
Wide Bands Range Expansion 3.77%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 18 hours ago
Gapped Up (Full) about 23 hours ago
Rose Above Previous Day's High about 23 hours ago
New 52 Week High about 23 hours ago
Up 2% about 23 hours ago

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Profile

SKS Technologies Group Limited Description

SKS Technologies Group Limited designs, distributes, and installs lighting and audiovisual technologies, products, and solutions in Australia, New Zealand, and Asia. It offers audiovisual, communication, architectural lighting, street lighting and columns, horticultural lighting, electrical, energy rebate auditing, lighting controls, floodlighting, electrical cabling, and immersive AV technologies and solutions, as well as installation support services. The company also provides various LED lighting solutions, such as track and spot systems, modular lighting systems, downlights, recessed luminaires, surface mounted systems, pendant luminaries, continuous row systems, table and floor lamps, street and area lighting, up-lighting, high bay, weatherproof luminaires, outdoor lighting, lighting management systems, and accessories. It serves commercial, industrial, infrastructure retail, health, defense, education, residential, glasshouses, research facilities, and horticultural sectors. The company was formerly known as Enevis Limited and changed its name to SKS Technologies Group Limited in December 2020. SKS Technologies Group Limited was incorporated in 1962 is headquartered in West Melbourne, Australia.


Classification

Sector: Technology
Industry: Electronic Components
Keywords: Architecture Lighting Light Fixture

Is SKS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 0.825
52 Week Low 0.1335
Average Volume 132,587
200-Day Moving Average 0.295
50-Day Moving Average 0.555
20-Day Moving Average 0.728
10-Day Moving Average 0.768
Average True Range 0.033
RSI (14) 78.07
ADX 61.68
+DI 38.382
-DI 11.736
Chandelier Exit (Long, 3 ATRs) 0.725
Chandelier Exit (Short, 3 ATRs) 0.685
Upper Bollinger Bands 0.850
Lower Bollinger Band 0.607
Percent B (%b) 0.9
BandWidth 33.379
MACD Line 0.071
MACD Signal Line 0.073
MACD Histogram -0.0024
Fundamentals Value
Market Cap 82.43 Million
Num Shares 99.9 Million
EPS -0.04
Price-to-Earnings (P/E) Ratio -21.83
Price-to-Sales 0.43
Price-to-Book 6.07
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.836
Resistance 3 (R3) 0.835 0.830 0.834
Resistance 2 (R2) 0.830 0.827 0.831 0.834
Resistance 1 (R1) 0.828 0.825 0.829 0.829 0.833
Pivot Point 0.823 0.823 0.823 0.823 0.823
Support 1 (S1) 0.820 0.820 0.821 0.821 0.817
Support 2 (S2) 0.815 0.818 0.816 0.816
Support 3 (S3) 0.813 0.815 0.816
Support 4 (S4) 0.814