SKK HOLDINGS LTD-CLASS A (SKK) Technical Analysis
NASDAQ:SKK • KYG8292E1026
Current stock price
1.9582 USD
-0.14 (-6.53%)
At close:
1.96 USD
+0 (+0.09%)
Pre-Market:
SKK Technical Rating and Analysis
Overall SKK gets a technical rating of 0 out of 10. SKK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, SKK is a bad performer in the overall market: 97% of all stocks are doing better.
- SKK is part of the Construction & Engineering industry. There are 55 other stocks in this industry, of which 75% are performing better than SKK.
- SKK is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month SKK has a been trading in the 1.61 - 2.85 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
SKK Weekly and Daily overview Charts
SKK Setup Rating and Analysis
Although the technical rating is bad, SKK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
SKK Support and Resistance Analysis
1.92
2.48
When analyzing the support we notice one important area.
- A support zone ranging from 1.94 to 1.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.30 to 2.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.46 from a trend line in the daily time frame.
SKK Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SKK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SKK is down. |
| ChartMill Relative Strength | 3.45 | NEGATIVE | SKK has a low relative strength, it was outperformed by 96.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SKK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SKK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SKK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.48 | NEUTRAL | The RSI value for SKK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SKK has a negative trend. |
| Stochastics (14,3) | 36.24 | NEUTRAL | The Stochastics value for SKK is a neutral value. |
| Average True Range in percent/ATR (20) | 17.72 | HIGH VOLATILITY | The high ATR as a percentage value for SKK suggests high volalility. |
| Average Directional Index/ADX (14) | 23.64 | NEUTRAL | The ADX value for SKK suggests a possible start of a new trend. |
SKK Chart- and CandleStick Pattern Analysis
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)
SKK Technicals: Chart, Performance Metrics, Trend & Indicators
1.9582
-0.14 (-6.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-6.53%
1 Week-12.97%
2 Weeks-24.97%
1 Month-31.86%
3 Month-41.16%
6 Month-46.83%
12 Month-72.88%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%17.72%
ATR Inc-15.8%
Range Today0.16
ADR(20)0.32
ADR(20)%16.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.45
3 months CRS5.69
6 months CRS9.48
Mansfield-5.7
10 Day High2.66
10 Day Low1.61
20 Day High2.85
20 Day Low1.61
52 Week High9.2
52 Week Low1.61
CS1 End1.94
CR1 Start2.3
Volume & EV
DER(3)-1.22%
DER(5)-0.76%
Volume37.30K
Volume Incr53.03%
Vol(5)453.18K
Vol(50)214.01K
SKK HOLDINGS LTD-CLASS A / SKK TA FAQ
What is the ChartMill technical rating of SKK HOLDINGS LTD-CLASS A (SKK) stock?
ChartMill assigns a technical rating of 0 / 10 to SKK.
What is the current trend direction of SKK HOLDINGS LTD-CLASS A (SKK) stock?
The current trend direction for SKK HOLDINGS LTD-CLASS A (SKK) is Bearish.
What is the RSI signal for SKK stock?
SKK HOLDINGS LTD-CLASS A (SKK) has an RSI value of 39.4794. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SKK HOLDINGS LTD-CLASS A?
The MACD indicator for SKK HOLDINGS LTD-CLASS A (SKK) has a value of -0.0283117, indicating a bearish trend.
What is the short term momentum for SKK HOLDINGS LTD-CLASS A (SKK) stock?
The short term momentum for SKK HOLDINGS LTD-CLASS A (SKK) is negative.