
SKYX Platforms Corp. Forms Golden Cross, Signaling Bullish Breakout Ahead
2025-11-04 15:29:20SKYX Platforms Corp. has recently achieved a Golden Cross, indicating a bullish trend in its moving averages. The company has outperformed the S&P 500 over the past year and shows strong monthly performance. Despite a recent decline, its overall trend remains positive, suggesting potential growth opportunities.
Read MoreIs SKYX Platforms Corp. technically bullish or bearish?
2025-09-20 19:25:46As of 12 September 2025, the technical trend for SKYX Platforms Corp. has changed from mildly bearish to mildly bullish. The weekly MACD, KST, and Dow Theory indicators are all mildly bullish, supporting this positive shift. The Bollinger Bands indicate a bullish stance on the weekly timeframe, while the daily moving averages remain mildly bearish. The RSI shows no signal on both weekly and monthly timeframes. In terms of performance, SKYX has outperformed the S&P 500 over the past week (9.24% vs. 1.05%) and the past month (11.11% vs. 2.33%), but it has significantly underperformed over longer periods, such as the 3-year and 5-year returns. Overall, the current technical stance is mildly bullish, driven by the positive indicators on the weekly timeframe....
Read MoreIs SKYX Platforms Corp. overvalued or undervalued?
2025-09-20 18:01:40As of 9 August 2023, the valuation grade for SKYX Platforms Corp. moved from does not qualify to risky. The company is currently overvalued based on its financial metrics. The Price to Book Value stands at 30.92, while the EV to Sales ratio is 1.64, and the EV to Capital Employed is 9.13, indicating a high valuation relative to its assets and sales. In comparison to its peers, SKYX Platforms Corp. has a P/E ratio of -3.5933, while Solid Power, Inc. has a P/E of -7.7681, and Innoviz Technologies Ltd. has a P/E of -5.0077, all indicating a challenging financial position within the industry. Notably, despite the company's recent stock performance showing a 53.36% return over the past year compared to the S&P 500's 17.14%, the long-term outlook remains concerning, with a 3-year return of -61.76% versus the S&P 500's 70.41%....
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