Technical Analysis for SKS - SKS Technologies Group Limited

Grade Last Price % Change Price Change
A 0.675 0.75% 0.005
SKS closed up 5.51 percent on Wednesday, April 24, 2024, on 14 percent of normal volume. The bulls were able to push the stock to a new 52-week high. 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
Gilligan's Island Sell Setup Bearish Swing Setup 0.75%
New 52 Week Closing High Bullish 0.75%
Narrow Range Bar Range Contraction 0.75%
New 52 Week High Strength 0.75%
Wide Bands Range Expansion 0.75%
Gapped Up Strength 0.75%
Overbought Stochastic Strength 0.75%
Narrow Range Bar Range Contraction 6.30%
Wide Bands Range Expansion 6.30%
Overbought Stochastic Strength 6.30%

   Recent Intraday Alerts

Alert Time
New 52 Week High about 3 hours ago
Gapped Up (Full) 2 days ago
Rose Above Previous Day's High 2 days ago
New 52 Week High 2 days ago
Up 1 ATR 2 days 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 0.675
52 Week Low 0.1137
Average Volume 137,694
200-Day Moving Average 0.254
50-Day Moving Average 0.415
20-Day Moving Average 0.523
10-Day Moving Average 0.600
Average True Range 0.022
RSI (14) 86.19
ADX 63.68
+DI 61.639
-DI 8.421
Chandelier Exit (Long, 3 ATRs) 0.608
Chandelier Exit (Short, 3 ATRs) 0.457
Upper Bollinger Bands 0.698
Lower Bollinger Band 0.348
Percent B (%b) 0.92
BandWidth 66.769
MACD Line 0.069
MACD Signal Line 0.060
MACD Histogram 0.0099
Fundamentals Value
Market Cap 66.94 Million
Num Shares 99.9 Million
EPS -0.04
Price-to-Earnings (P/E) Ratio -17.72
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) 0.678
Resistance 3 (R3) 0.678 0.677 0.676
Resistance 2 (R2) 0.677 0.675 0.676 0.676
Resistance 1 (R1) 0.673 0.674 0.673 0.673 0.675
Pivot Point 0.672 0.672 0.671 0.671 0.672
Support 1 (S1) 0.668 0.670 0.668 0.668 0.665
Support 2 (S2) 0.667 0.669 0.666 0.664
Support 3 (S3) 0.663 0.667 0.664
Support 4 (S4) 0.663