SKYWEST INC (SKYW) Stock Technical Analysis
NASDAQ:SKYW - Nasdaq - US8308791024 - Common Stock - Currency: USD
Taking everything into account, SKYW scores 4 out of 10 in our technical rating. Although SKYW is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month SKYW has a been trading in the 96.03 - 135.57 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Looking at the yearly performance, SKYW did better than 87% of all other stocks. On top of that, SKYW also shows a nice and consistent pattern of rising prices.
SKYW is one of the better performing stocks in the Passenger Airlines industry, it outperforms 77% of 23 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
SKYW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SKYW is lagging the market.
SKYW has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
95.30
109.72
We found 1 important support area.
- A support zone ranging from 96.26 to 96.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 107.30 to 108.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.4
Mansfield0.36
10 Day High117.73
10 Day Low96.03
20 Day High135.57
20 Day Low96.03
52 Week High135.57
52 Week Low60.19
Performance
1 Week-11.16%
2 Weeks-16.8%
1 Month-15.38%
3 Month-13.63%
6 Month26.69%
12 Month59.78%
2 Year406.82%
3 Year243.83%
5 Year112.89%
10 Year561.08%
15 Year554.81%
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)-2.28
RSI(14)27.5
LBB96.32
UBB124.33
96.65
-4.36 (-4.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-4.32%
1 Week-11.16%
2 Weeks-16.8%
1 Month-15.38%
3 Month-13.63%
6 Month26.69%
12 Month59.78%
2 Year406.82%
3 Year243.83%
5 Year112.89%
10 Year561.08%
15 Year554.81%
Volatility
ATR(14)4.69
ATR(20)%5.5%
ATR Inc-20.1%
Range Today6.76
ADR(20)5.12
ADR(20)%5.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.4
Mansfield0.36
10 Day High117.73
10 Day Low96.03
20 Day High135.57
20 Day Low96.03
52 Week High135.57
52 Week Low60.19
CS1 End96.64
CR1 Start107.3
Volume & EV
DER(3)-0.87%
DER(5)-0.44%
Volume456.20K
Volume Incr11.54%
Vol(5)476.24K
Vol(50)396.47K