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Sky Metals Limited

SKY.AX•ASX
Basic Materials
Gold
$0.14
$-0.01(-3.57%)
Australian Market opens in 8h 31m

Sky Metals Limited (SKY.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Sky Metals Limited (ASX:SKY.AX).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SKY.AX Technical Analysis Summary

Sky Metals Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 40.01)
Trend Strength:Moderate (ADX: 22.20)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.12 – $0.19 (Bollinger Bands)

Overall, Sky Metals Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 40.01

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 13.03

Bullish
Oversold zone signals rebound potential.

Williams %R: -90.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -25.00

Strongly Bearish
Sharp downside momentum.

Takeaway:Sky Metals Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 22.20

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): -75.99

Bearish
Bearish, momentum remains under pressure.

Takeaway:Sky Metals Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.19
Middle Band (SMA 20)
$0.16
Lower Band
$0.12
Current Position
Within Bands

Takeaway:Sky Metals Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.18
Middle Line (EMA 20)
$0.15
Lower Channel
$0.13
Squeeze Status
No Squeeze

Takeaway:Sky Metals Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume32.05M
Money Flow Index18.68Bullish, oversold conditions signal rebound potential.
Relative Vigor Index33.62Bearish, price momentum favors sellers.

Overall Takeaway:SKY.AX shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Sky Metals Limited, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Sky Metals Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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