SKECHERS USA INC-CL A (SKX)

US8305661055 - Common Stock

68.42  +0.17 (+0.25%)

After market: 68.42 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to SKX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SKX is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SKX did better than 83% of all other stocks. On top of that, SKX also shows a nice and consistent pattern of rising prices.
SKX is part of the Textiles, Apparel & Luxury Goods industry. There are 51 other stocks in this industry. SKX outperforms 76% of them.
SKX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SKX has a been trading in the 56.76 - 69.80 range, which is quite wide. It is currently trading near the high of this range.
SKX has an average volume of 1658000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SKX Weekly chart
SKX Daily chart
Setup Rating and Analysis

4

SKX has an excellent technical rating, but the quality of the setup is only medium 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

53.01

70.06

3 important support areas can be observed.

  • A support zone ranging from 67.93 to 68.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 58.27 to 58.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @53.55 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 68.43 to 69.37. 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
CRS83.64
Mansfield0.79
10 Day High69.8
10 Day Low66.18
20 Day High69.8
20 Day Low56.76
52 Week High69.8
52 Week Low45.58
Performance
1 Week0.94%
2 Weeks1.97%
1 Month21.29%
3 Month14.68%
6 Month30.22%
12 Month31.73%
2 Year73.65%
3 Year44.04%
5 Year144.97%
10 Year361.26%
15 Year2060.63%
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)0.15
RSI(14)68.31
LBB65.13
UBB69.73
SKX Daily chart

SKECHERS USA INC-CL A

NYSE:SKX (5/17/2024, 7:26:33 PM)

After market: 68.42 0 (0%)

68.42

+0.17 (+0.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg0.25%
1 Week0.94%
2 Weeks1.97%
1 Month21.29%
3 Month14.68%
6 Month30.22%
12 Month31.73%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.19
ATR(20)%2.56%
ATR Inc
Range Today0.62
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High69.8
10 Day Low66.18
20 Day High69.8
20 Day Low56.76
52 Week High69.8
52 Week Low45.58
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume807.50K
Volume Incr-53.73%
Vol(5)1.04M
Vol(50)1.66M