SKF

SKF remains in a pronounced Stage 4 decline with sequential lower highs and lower lows anchoring both medium- and long-term bearish biases. Short-term conditions are neutral despite extreme oversold readings, as price is extended below declining EMAs and lacks clear acceptance above dynamic resistance. Selling should be deferred into rallies toward the falling 9 and 21 EMAs and former support zones now acting as resistance. A hold above the 21 EMA and recent swing highs would invalidate this stance.

• ↑Dominant global bearing position sustains pricing power despite raw material swings
• ↑Q2 2026 revenue expected ~$2.41B and EPS ~$0.33 after Q1 outperformance
• ↓Macroeconomic weakness could curb industrial spending and dent sales