Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(SKYGOLD_BE) Sky Gold complete technical analysis [charts+indicators] | Buy/Sell Sky Gold | (SKYGOLD_BE) share price targets

Complete technical analysis of Sky Gold (SKYGOLD_BE) by charts plus indicators, forecast predictions and share price targets for Sky Gold (SKYGOLD_BE)

Showing technical analysis as on 2024-08-16 View latest technical analysis

10 day averaged volume of Sky Gold is 55441

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	2399.70	2484.90	2560.00	2374.50	1.402 times
14 Wed Aug 2024	2499.45	2587.55	2587.55	2370.00	2.604 times
13 Tue Aug 2024	2464.35	2464.35	2464.35	2464.35	0.127 times
12 Mon Aug 2024	2347.00	2347.00	2347.00	2347.00	0.119 times
09 Fri Aug 2024	2235.25	2180.00	2235.25	2135.00	1.428 times
08 Thu Aug 2024	2128.85	2018.00	2128.85	2018.00	1.349 times
07 Wed Aug 2024	2027.50	2050.00	2086.00	1985.00	0.737 times
06 Tue Aug 2024	1987.70	1937.05	2023.95	1900.00	0.532 times
05 Mon Aug 2024	1976.55	1955.00	2016.00	1941.20	0.882 times
02 Fri Aug 2024	2043.35	1865.00	2043.75	1864.50	1.505 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2346, but if it comes below 2346, then a intra day sell could be more profitable.
If you take a sell trade below 2346, then use 2346 as stoploss and 2178.67 as target. However if you take a buy trade in stock , then use 2346 as stoploss and 2546.8 as target.

Share price targets for Sky Gold (SKYGOLD_BE)

Target Type	Value
Downside Target	960.50
Downside Target	1082.00
Downside Target	1193.20
Downside Target	1397.95
Downside Target	1581.65
Downside Target	1679.00
Downside Target	1803.90
Downside Target	1864.50
Downside Target	2213.00
Downside Target	2347.00
Downside Target	2360.00
Upside Target	2442.50
Upside Target	2587.55

Intraday share price targets for Sky Gold (SKYGOLD_BE)

Target Type	Value
Downside Intraday Target	2301.95
Downside Intraday Target	2204.2
Upside Intraday Target	2542.5
Upside Intraday Target	2685.3
Upside Intraday Target	2444.75

Weekly technical analysis of Sky Gold (SKYGOLD_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	2399.70	2347.00	2587.55	2347.00	0.863 times
09 Fri Aug 2024	2235.25	1955.00	2235.25	1900.00	1.18 times
02 Fri Aug 2024	2043.35	2309.00	2360.00	1864.50	1.654 times
26 Fri Jul 2024	2300.60	2048.00	2442.50	1911.10	1.369 times
19 Fri Jul 2024	1993.70	2213.00	2213.00	1803.90	0.506 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Sky Gold (SKYGOLD_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	2399.70	1946.45	2587.55	1864.50	0.921 times
31 Wed Jul 2024	2048.90	1720.40	2442.50	1581.65	1.312 times
28 Fri Jun 2024	1638.50	1173.05	1679.00	1092.20	1.112 times
31 Fri May 2024	1173.05	1252.85	1397.95	1082.00	1.372 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Sky Gold (SKYGOLD_BE)

Price action analysis of Sky Gold ( (SKYGOLD_BE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sky Gold ( (SKYGOLD_BE) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Sky Gold ( (SKYGOLD_BE) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Sky Gold stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sky Gold in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sky Gold Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Sky Gold in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Sky Gold is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2236.73 and Sky Gold (SKYGOLD_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Sky Gold (SKYGOLD_BE) stock. Volume based technical analysis of Sky Gold (SKYGOLD_BE) stock is negative.

Sky Gold Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.