SKYWARD SPECIALTY INSURANCE (SKWD)

US8309401029 - Common Stock

50.13  -0.87 (-1.71%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to SKWD. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month SKWD has a been trading in the 48.72 - 55.62 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, SKWD did better than 91% of all other stocks. We also observe that the gains produced by SKWD over the past year are nicely spread over this period.
SKWD is one of the better performing stocks in the Insurance industry, it outperforms 89% of 141 stocks in the same industry.
SKWD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SKWD is performing more or less in line with the market.
Weekly and Daily overview Charts
SKWD Weekly chart
SKWD Daily chart
Setup Rating and Analysis

3

Although SKWD has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

33.13

55.49

We found 4 important support areas.

  • A support zone ranging from 48.44 to 49.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @46.72 from a trend line in the daily time frame.
  • Support @40.35 from a trend line in the weekly time frame.
  • Support @33.46 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 50.99 to 51.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 54.12 to 54.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.58
Mansfield1.94
10 Day High53.55
10 Day Low48.72
20 Day High55.62
20 Day Low48.72
52 Week High55.62
52 Week Low29.4
Performance
1 Week-2.21%
2 Weeks-4.96%
1 Month-2.15%
3 Month26.3%
6 Month44.76%
12 Month50.27%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.54
RSI(14)49.88
LBB48.83
UBB55.29
SKWD Daily chart

SKYWARD SPECIALTY INSURANCE

NASDAQ:SKWD (12/23/2024, 2:09:08 PM)

50.13

-0.87 (-1.71%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.71%
1 Week-2.21%
2 Weeks-4.96%
1 Month-2.15%
3 Month26.3%
6 Month44.76%
12 Month50.27%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.63
ATR(20)%3.02%
ATR Inc47.89%
Range Today1.03
ADR(20)1.49
ADR(20)%2.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.58
Mansfield1.94
10 Day High53.55
10 Day Low48.72
20 Day High55.62
20 Day Low48.72
52 Week High55.62
52 Week Low29.4
CS1 End49.89
CR1 Start51.16
Volume & EV
DER(3)1.21%
DER(5)0.8%
Volume55.89K
Volume Incr24.65%
Vol(5)310.46K
Vol(50)301.13K