As of June 2, 2026, SKM is showing a Descending Triangle pattern with 80% confidence on the daily timeframe. SCTR 23.8 (bullish zone), Confirmed Bull trend. EdgeOS buy trigger $37.83 · Target $39.40 · Stop $36.85.
Yes. SKM is currently showing a Descending Triangle pattern with 80% confidence on the daily timeframe (detected 6/2/2026).
The SKM Descending Triangle has a confidence score of 80%. Confidence above 65% is considered high — indicating a clear, textbook-quality pattern. The confidence score measures how closely price action matches the ideal pattern template.
SKM's EdgeOS buy trigger is $37.83, target $39.40 (Saty ATR +1), stop below $36.85.
The Descending Triangle has a historical win rate of 70% when traded with proper volume confirmation and stop placement. Average time to target: 17 trading bars. Best results when combined with trending SCTR (above 9 for bullish, below 4 for bearish) and EdgeOS count confirmation.
Open SKM on a chart with EdgeOS overlays, Saty ATR levels, pattern scan, and AI research — all in one view.
Pattern data updated nightly · For informational purposes only · Not investment advice