SK GROWTH OPPORTUNITIES -29 (SKGRW) Stock Technical Analysis
NASDAQ:SKGRW - Nasdaq - - Currency: USD
Overall SKGRW gets a technical rating of 7 out of 10. In the last year, SKGRW was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
A new 52 week high is currently being made by SKGRW, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so SKGRW is leading the market.
In the last month SKGRW has a been trading in the 0.40 - 0.75 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that SKGRW is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Besides having an excellent technical rating, SKGRW also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for SKGRW in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.46
0.68
2 important support areas can be observed.
- Support @0.52 from a trend line in the daily time frame.
- Support @0.46 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.9
Mansfield10.27
10 Day High0.75
10 Day Low0.4
20 Day High0.75
20 Day Low0.4
52 Week High0.75
52 Week Low0.15
Performance
1 Week13.56%
2 Weeks4.7%
1 Month21.82%
3 Month17.56%
6 Month179.17%
12 Month67.04%
2 Year317.97%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)59.74
LBB0.48
UBB0.71
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.76 | 0.51 | 0.25 (32.89%) | 3.04% |
| An entry @0.76. This is a Buy Stop order right above the 10 day high. | An exit @0.51. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.25 points, which is 32.89%. | When investing 3.04% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
0.67
+0.09 (+15.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg15.52%
1 Week13.56%
2 Weeks4.7%
1 Month21.82%
3 Month17.56%
6 Month179.17%
12 Month67.04%
2 Year317.97%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%13.02%
ATR Inc96.31%
Range Today0.23
ADR(20)0.09
ADR(20)%12.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.9
Mansfield10.27
10 Day High0.75
10 Day Low0.4
20 Day High0.75
20 Day Low0.4
52 Week High0.75
52 Week Low0.15
CS1 End0.52
CR1 StartN/A
Volume & EV
DER(3)23%
DER(5)20.68%
Volume198.10K
Volume Incr20.28%
Vol(5)78.48K
Vol(50)52.73K