AMEX Stock SKF Historical charts - Ultrashort Financials Proshares

Historical charts for Stock SKF - Share Ultrashort Financials Proshares trades in AMEX

Moving Averages for

5Day Average: 35.53
12Day Average: 35.71
20Day Average: 36.37
50Day Average: 34.33
100Day Average: 33.87
150Day Average: 28.21

SKF Indicators & signals

Indicator MACD (12,26,9)

35.67, 35.5, 0.54
Indicator MACD is in positive zone

Indicator ADX (14)

5.05, 23.42, 21.17
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 53
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SKF are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
24 Thu Apr 2025	33.40	33.31 to 34.64	-4.6%	1.09 times
22 Tue Apr 2025	35.01	34.84 to 36.53	-6.39%	3.25 times
21 Mon Apr 2025	37.40	36.23 to 38.15	4.47%	0.86 times
17 Thu Apr 2025	35.80	35.09 to 36.09	-0.64%	1.29 times
16 Wed Apr 2025	36.03	34.84 to 36.46	0%	0 times
16 Wed Apr 2025	36.03	34.84 to 36.46	0%	0 times
16 Wed Apr 2025	36.03	34.84 to 36.46	0%	0 times
16 Wed Apr 2025	36.03	34.84 to 36.46	3.33%	1.89 times
15 Tue Apr 2025	34.87	34.09 to 34.90	-0.49%	0.39 times
14 Mon Apr 2025	35.04	34.43 to 35.44	-2.18%	1.05 times
11 Fri Apr 2025	35.82	35.50 to 37.71	-3.29%	1.26 times
10 Thu Apr 2025	37.04	35.99 to 38.95	5.86%	2.85 times

Technical analysis forecast for SKF Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT SKF SKF at this time. Stock is falling and might fall more.

It appears as if SKF SKF gave a large move recently.

Stock of SKF (SKF) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of SKF is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 33.1 as stoploss in an intra day buy trade for a target of 35.67. However, stock will show a bearish move below 33.1.

Tomorrow's movement Prediction of SKF is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 35.32

Munafa value: 40

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.