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Sky Metals Limited

SKY.AX•ASX
Basic Materials
Gold
$0.17
$-0.01(-2.78%)
Australian Market opens in 8h 9m

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: 47.59)
Trend Strength:Moderate (ADX: 24.43)
Volatility:High (ATR: 0.02)
Support/Resistance:$0.14 – $0.24 (Bollinger Bands)

This mix signals that Sky Metals Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 47.59

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 16.85

Bullish
Oversold zone signals rebound potential.

Williams %R: -92.31

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 0.00

Neutral
Price change is minimal.

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

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 24.43

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): -121.59

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Sky Metals Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.24
Middle Band (SMA 20)
$0.19
Lower Band
$0.14
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$0.22
Middle Line (EMA 20)
$0.19
Lower Channel
$0.16
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 Volume3.34M
Money Flow Index64.23Bullish, inflows support continued momentum.
Relative Vigor Index32.88Bearish, price momentum favors sellers.

Overall Takeaway:SKY.AX shows mixed signals in money flow analysis.

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

Bullish Signals

MACD above 0 → bullish trend confirmation.

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:Technical indicators for Sky Metals Limited are mixed, suggesting a Hold or wait-and-see approach.

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