SKECHERS USA INC-CL A (SKX)

US8305661055 - Common Stock

67.65  +1.36 (+2.05%)

After market: 67.7 +0.05 (+0.07%)

Technical Rating and Analysis

7

Taking everything into account, SKX scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SKX is only an average performer.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
SKX has an average volume of 2241210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, SKX turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
SKX is an average performer in the Textiles, Apparel & Luxury Goods industry, it outperforms 61% of 50 stocks in the same industry.
SKX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SKX is lagging the market slightly.
In the last month SKX has a been trading in the 61.21 - 72.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
SKX Weekly chart
SKX Daily chart
Setup Rating and Analysis

5

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

51.25

73.60

We found 3 important support areas.

  • Support @61.23 from a trend line in the weekly time frame.
  • A support zone ranging from 59.21 to 60.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @51.77 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • Resistance @72.87 from a horizontal line in the weekly time frame.
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
CRS68.35
Mansfield-0.45
10 Day High72.79
10 Day Low65.54
20 Day High72.79
20 Day Low61.21
52 Week High75.09
52 Week Low55.67
Performance
1 Week-3.84%
2 Weeks-4.79%
1 Month10.88%
3 Month7.36%
6 Month-6.84%
12 Month8.81%
2 Year61.26%
3 Year55.88%
5 Year56.63%
10 Year267.33%
15 Year590.07%
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)-0.43
RSI(14)53.41
LBB65.88
UBB72.91
SKX Daily chart

SKECHERS USA INC-CL A

NYSE:SKX (12/20/2024, 8:04:00 PM)

After market: 67.7 +0.05 (+0.07%)

67.65

+1.36 (+2.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg2.05%
1 Week-3.84%
2 Weeks-4.79%
1 Month10.88%
3 Month7.36%
6 Month-6.84%
12 Month8.81%
2 Year61.26%
3 Year55.88%
5 Year56.63%
10 Year267.33%
15 Year590.07%
Volatility
ATR(14)1.94
ATR(20)%2.72%
ATR Inc5.07%
Range Today2.71
ADR(20)1.59
ADR(20)%2.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.35
Mansfield-0.45
10 Day High72.79
10 Day Low65.54
20 Day High72.79
20 Day Low61.21
52 Week High75.09
52 Week Low55.67
CS1 End61.23
CR1 Start72.87
Volume & EV
DER(3)0.22%
DER(5)0.24%
Volume7.88M
Volume Incr63.17%
Vol(5)2.94M
Vol(50)2.24M