SPH REIT (SK6U.SI) S$0.98 on SES 23 Jan 2026: Oversold bounce setup
SPH REIT (SK6U.SI stock) closed at S$0.98 on the Singapore Exchange (SES) on 23 Jan 2026, trading with volume of 13,095,900 shares versus an average of 1,961,205. The high relative volume and a price close near the 50-day average (S$0.97) mark a classic oversold bounce setup for short-term traders. Fundamental metrics show a PE of 8.86, EPS of S$0.11, and a dividend yield near 4.77%, giving investors both income and recovery potential. We summarise technical triggers, valuation context, and Meyka AI model forecasts to frame a concise trade and risk view.
Immediate price action and volume signals for SK6U.SI stock
SK6U.SI stock traded between S$0.98 high and S$0.975 low on the session, matching the previous close. The session volume of 13,095,900.00 shares equalled a relative volume of 6.68, signalling heavy participation and supporting a short-term bounce thesis. The 50-day average price is S$0.97 and the 200-day average is S$0.92, which places the current price slightly above the near-term trend and well above the year low of S$0.83.
Valuation and income profile in SK6U.SI stock analysis
On fundamentals, SPH REIT shows a PE of 8.86 and book value per share of S$0.94, giving a price-to-book near 1.04. The trust pays a trailing dividend per share of S$0.0465, implying a yield of 4.77%. Debt metrics show debt-to-equity of 0.57 and interest coverage of 3.13, indicating manageable leverage for a retail REIT. These figures support a value-oriented view if rental markets stabilise.
Technical setup and oversold bounce triggers for SK6U.SI stock
Technically, the stock sits above its 50-day moving average (S$0.97) and comfortably above the 200-day average (S$0.92), which limits downside risk for a bounce trade. The spike in volume with a flat daily range suggests accumulation at current levels. Traders can use a short stop under S$0.96 and look for confirmation above S$0.99 to validate momentum continuation.
Sector context and how SK6U.SI stock compares
SPH REIT operates in the Singapore real estate REIT – retail sector, where average sector PE is around 21.65 and average PB is 7.19, making SK6U.SI relatively cheaper on PE and PB. The broader real estate sector YTD performance is positive, and retail REITs have shown recovery as consumer footfall normalises. That backdrop supports a tactical oversold bounce thesis for SK6U.SI stock.
Meyka AI grade and forecast for SK6U.SI stock
Meyka AI rates SK6U.SI with a score out of 100: 64.90 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a 12‑month target of S$1.0207, implying an upside of 4.68% from the current S$0.98. Forecasts are model-based projections and not guarantees.
Risk management and trade plan for SK6U.SI stock
Primary risks include slower retail leasing recovery, higher funding costs, and concentrated asset exposure in Singapore and two Australian centres. Use position sizing with a stop-loss near the S$0.96 level and trim on rallies toward S$1.02–S$1.06. For income investors, consider the payout ratio of 65.02% and a dividend yield near 4.77% when weighing yield versus growth.
Final Thoughts
Key takeaways: SK6U.SI stock closed at S$0.98 on SES on 23 Jan 2026 with heavy volume, creating a measurable oversold bounce opportunity for short-term traders and a defensive income play for dividend investors. The trust trades at a PE of 8.86 and PB of 1.04, below sector averages, while dividend yield sits near 4.77%. Meyka AI’s forecast model projects a 12‑month price of S$1.0207, implying a potential upside of 4.68% from today’s price of S$0.98; this projection is model-based and not a guarantee. Our recommended trade plan for the oversold bounce strategy is to watch confirmation above S$0.99, use a stop under S$0.96, and target S$1.02 to S$1.06 for partial profit-taking. Remember that Meyka AI is an AI-powered market analysis platform and the Meyka grade is informational only. Monitor leasing updates and macro funding conditions that could alter the outlook quickly.
FAQs
What makes SK6U.SI stock a candidate for an oversold bounce?
Heavy session volume of 13,095,900.00 shares and price near the 50-day average (S$0.97) create classic bounce conditions. Valuation (PE 8.86) and a 4.77% yield attract buyers at the current level.
What are realistic price targets for SK6U.SI stock?
Meyka AI’s model projects S$1.0207 in 12 months. For a short-term bounce, target S$1.02–S$1.06 with a stop-loss near S$0.96. Forecasts are projections, not guarantees.
How does the Meyka AI grade affect the outlook for SK6U.SI stock?
Meyka AI rates SK6U.SI 64.90 (Grade B, HOLD), reflecting sector performance, growth, and metrics. The grade is informational and should complement, not replace, personal research.
What key risks should investors watch for SK6U.SI stock?
Risks include weak retail leasing, interest rate rises that raise funding costs, and concentration in Singapore and two Australian assets. Monitor occupancy and financing updates closely.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
