Volume spike for Yongmao Holdings (BKX.SI) on 07 Jan 2026: intraday test at S$0.64 ahead

A clear intraday volume spike hit Yongmao Holdings Limited (BKX.SI) on 07 Jan 2026, with 1,300 shares traded and relative volume at 10.16x the average. The stock opened at S$0.46 and is trading at S$0.635 on the SES in Singapore. This sudden volume lift pushed BKX.SI stock toward a S$0.64 intraday high, testing short-term resistance. Traders should note the gap between the 50-day average S$0.61 and current price, and watch whether volume sustains above average.

Intraday volume spike: BKX.SI stock

Volume today jumped to 1,300 versus an average of 128, a 10.16x surge. This volume spike is the primary driver of intraday interest in BKX.SI stock. High relative volume suggests retail or short-term traders are active and that liquidity improved briefly on the SES.

Price action and key levels: BKX.SI stock

BKX.SI stock opened at S$0.46 and hit a day high of S$0.64. The previous close was S$0.635, and the stock sits above its 50-day average of S$0.6095 and 200-day average of S$0.60782. Watch intraday resistance at S$0.64 and support near S$0.46 for breakout or failure signals.

Fundamentals snapshot: BKX.SI stock

Yongmao Holdings (BKX.SI) reports EPS S$0.04 and a trailing PE of 15.88 on the SES. The company operates in Industrials, manufacturing tower cranes and construction machinery across China and internationally. Key ratios include a price-to-book ratio near 0.32, dividend per share S$0.054525, and cash per share S$2.31613.

Technicals and Meyka grade: BKX.SI stock

Momentum indicators show very strong short-term interest: RSI 100.00 and ADX 78.02 point to a strong move. RelVolume is 10.16, and OBV sits at 8,100, highlighting heavy buying on this spike. Meyka AI rates BKX.SI with a score out of 100: 55.31 (C+) — HOLD. This grade factors in S&P 500 benchmark comparison, sector and industry comparisons, financial growth, key metrics, forecasts, and analyst consensus. These grades are not guaranteed and we are not financial advisors.

Sector context: BKX.SI stock in Industrials

BKX.SI stock trades in the Industrials sector on the SES, where the sector average PE is 15.88. Yongmao’s PE aligns with the sector average. The sector has shown YTD strength, and infrastructure demand can support crane makers, but cyclicality and long receivable days remain risks.

Trading implications and risk: BKX.SI stock

A volume-led move like this can precede short-term breakouts or quick reversals. Short-term traders should use tight stops below S$0.46. Watch inventory and receivable metrics, which are extended. Confirm sustained volume above average before adding exposure on the SES in Singapore.

Final Thoughts

BKX.SI stock’s intraday volume spike on 07 Jan 2026 flagged renewed trading interest. The share price at S$0.635 moved toward S$0.64 on 1,300 shares traded, a 10.16x jump in liquidity. Meyka AI’s forecast model projects a monthly target of S$0.76 and a quarterly target of S$1.16. Versus the current price, the monthly projection implies an upside of 19.69%, while the quarterly projection implies 82.68%. These figures present a clear short-term technical target and a more aggressive near-term upside scenario. Traders should treat the monthly figure as a near-term measurable target and the quarterly figure as an optimistic case that requires sustained volume and improved cash conversion. Remember, forecasts are model-based projections and not guarantees. For live updates, monitor order flow and confirm moves with continued volume on the SES. Meyka AI provides this as an AI-powered market analysis platform to help investors quantify risk and opportunity.

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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.