Skycorp Solar shares surge 20.93% after-hours as stock crosses 5-day SMA amid Nasdaq-100 and S&P 500 gains.

Skycorp Solar Group Ltd surged 20.93% in after-hours trading following its stock crossing above the 5-day simple moving average (SMA), signaling a bullish technical signal. The rally coincided with broader market strength, as the Nasdaq-100 and S&P 500 rose 0.35% and 0.06%, respectively, reinforcing investor optimism. The move reflects renewed confidence in the solar sector and Skycorp’s dual focus on solar infrastructure and high-performance computing, though the primary catalyst appears to be the technical breakout and macroeconomic tailwinds rather than specific earnings or project announcements. The surge aligns with increased market participation in renewable energy and tech-related equities amid favorable macro conditions.