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Sky Metals Limited

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

Live technical indicators, trading signals, and momentum insights for Sky Metals Limited.

SKY.AX●ASX
Basic MaterialsGold
$0.23
$0.010(4.17%)
Australian Market is Open · 10:47
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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 shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 52.75)
Trend Strength:Moderate (ADX: 28.39)
Volatility:High (ATR: 0.02)
Support/Resistance:$0.20 – $0.26 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 52.75

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 59.52

Neutral
Mid-range signal with no clear trend.

Williams %R: -50.00

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 4.44

Bullish
Steady upward momentum.

Takeaway:Sky Metals Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 28.39

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): 22.85

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.26
Middle Band (SMA 20)
$0.23
Lower Band
$0.20
Current Position
Within Bands

Takeaway:Sky Metals Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$0.27
Middle Line (EMA 20)
$0.23
Lower Channel
$0.20
Squeeze Status
Squeeze On

Takeaway:Sky Metals Limited trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume23.73M
Money Flow Index44.87Neutral, balanced money flows with no clear signal.
Relative Vigor Index31.94Bearish, 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

RSI above 50 → positive momentum from buyers.

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.

Technical Analysis FAQ