Skeena Resources' 15-min chart triggers bullish Bollinger Bands and Marubozu signal.

Skeena Resources' 15-minute chart has triggered a bullish technical indicator, as the Bollinger Bands have expanded upward and the candlestick has formed a bullish Marubozu pattern at 14:30 on June 3, 2025. This suggests that market momentum is being driven by buying pressure, with buyers firmly in control of the market. As a result, it is likely that the bullish trend will continue.

Skeena Resources Ltd (SKE.TO) has shown significant bullish technical indicators on its 15-minute chart, suggesting that the company's stock may continue its upward trend. At 14:30 on June 3, 2025, the Bollinger Bands expanded upward, and a bullish Marubozu candlestick pattern was formed. This indicates strong buying pressure and market momentum, with buyers firmly in control [1].

The Bollinger Bands expanding upward suggests that the market is experiencing increased volatility, with prices moving beyond the average price (middle band). The Marubozu candlestick pattern, characterized by no wicks (shadows) at the top and bottom of the candle, signals a strong move in a particular direction without any resistance. In this case, the bullish Marubozu pattern at SKE.TO indicates a strong uptrend with no significant selling pressure [2].

Historically, Skeena Resources has been focused on the development of the Eskay Creek project in British Columbia, which is considered one of the highest-grade and lowest-cost open-pit precious metals mines. The company has been making progress on the permitting timeline for this project, which could contribute to the positive market sentiment [3].

In addition to the technical indicators, Skeena Resources has also reported positive progress on its environmental assessment application for the Eskay Creek project, further boosting investor confidence [4]. The company has also been actively involved in various financing activities, including closing a C$88.3 million bought deal financing and announcing approximately C$70.5 million in bought deal financing [5, 6].

Investors should closely monitor Skeena Resources' progress on the Eskay Creek project and its technical indicators to make informed investment decisions. The bullish technical indicators, combined with positive news from the company, suggest that Skeena Resources may continue its upward trend in the near future.

References:
[1] https://www.barchart.com/stocks/quotes/SKE.TO
[2] BayStreet.ca - Thu Mar 13, 8:28AM CDT
[3] ACCESS Newswire - Tue Apr 22, 1:00AM CDT
[4] ACCESS Newswire - Wed Apr 16, 1:50AM CDT
[5] ACCESS Newswire - Wed Feb 26, 2:35AM CST
[6] ACCESS Newswire - Fri Feb 21, 3:05PM CST