SKECHERS USA INC-CL A (SKX)

US8305661055 - Common Stock

61.01  +1.24 (+2.07%)

After market: 61.01 0 (0%)

Technical Rating and Analysis

0

Overall SKX gets a technical rating of 0 out of 10. SKX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SKX is a bad performer in the overall market: 73% of all stocks are doing better.
SKX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SKX has a been trading in the 59.03 - 65.02 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
SKX has an average volume of 2356010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SKX is part of the Textiles, Apparel & Luxury Goods industry. There are 50 other stocks in this industry, SKX did better than 53% of them.
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

8

Although the technical rating is bad, SKX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 60.96, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

50.88

70.85

2 important support areas can be observed.

  • A support zone ranging from 59.20 to 60.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @51.39 from a trend line in the weekly time frame.

4 important resistance areas can be observed.

  • A resistance zone ranging from 61.41 to 61.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 66.17 to 66.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @68.16 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 69.80 to 70.15. 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
CRS27.07
Mansfield-1.51
10 Day High63.64
10 Day Low59.4
20 Day High65.02
20 Day Low59.03
52 Week High75.09
52 Week Low55.51
Performance
1 Week-0.91%
2 Weeks-4.21%
1 Month-1.01%
3 Month-12.59%
6 Month-10.66%
12 Month8.93%
2 Year44.68%
3 Year35.82%
5 Year51.69%
10 Year198.05%
15 Year728.94%
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)0.01
RSI(14)45.66
LBB59.41
UBB63.44
SKX Daily chart

SKECHERS USA INC-CL A

NYSE:SKX (11/21/2024, 8:04:00 PM)

After market: 61.01 0 (0%)

61.01

+1.24 (+2.07%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg2.07%
1 Week-0.91%
2 Weeks-4.21%
1 Month-1.01%
3 Month-12.59%
6 Month-10.66%
12 Month8.93%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.67
ATR(20)%3.05%
ATR Inc
Range Today1.71
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 High63.64
10 Day Low59.4
20 Day High65.02
20 Day Low59.03
52 Week High75.09
52 Week Low55.51
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.32M
Volume Incr-39.77%
Vol(5)1.49M
Vol(50)2.36M