SKF

SKF remains in a Stage 4 decline below declining EMAs and major SMAs. Long- and medium-term biases are bearish, reinforced by the active Bearish Pivot Point and lower highs/lows patterns. Price is pulling back into the declining 9- and 20-EMA, creating a supply area that favors selling. Short-term conditions support execution now. A sustained multi-day close above these EMAs would invalidate this bearish posture.

• ↑Q1 FY27 SKF India revenue INR 5.9 bn (+27% YoY) on 22% volume growth
• ↑SKF India upgraded FY27 revenue growth outlook to ~20% post-strong start
• ↓Q1 FY27 gross margin down 1% YoY due to inflation