SKYWORKS SOLUTIONS INC (SWKS) Stock Technical Analysis
NASDAQ:SWKS - Nasdaq - US83088M1027 - Common Stock - Currency: USD
Taking everything into account, SWKS scores 4 out of 10 in our technical rating. SWKS performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, SWKS is a bad performer in the overall market: 77% of all stocks are doing better.
SWKS is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 81% of 110 stocks in the same industry do better.
In the last month SWKS has a been trading in the 70.75 - 79.21 range, which is quite wide. It is currently trading near the lows of this range.
SWKS has an average volume of 3415420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
SWKS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SWKS is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, SWKS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 72.75, a Stop Loss order could be placed below this zone.
More info and screens
71.35
113.97
When analyzing the support we notice one important area.
- A support zone ranging from 72.07 to 72.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- Resistance @77.41 from a trend line in the daily time frame.
- A resistance zone ranging from 78.76 to 78.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @112.84 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SWKS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SWKS is down. |
| ChartMill Relative Strength | 23.61 | NEGATIVE | SWKS has a low relative strength, it was outperformed by 76.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SWKS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SWKS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SWKS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.39 | NEUTRAL | The RSI value for SWKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.72 | NEGATIVE | The MACD value suggests SWKS has a negative trend. |
| Stochastics (14,3) | 14.34 | OVERSOLD | The low Stochastics value suggests SWKS may be oversold. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for SWKS suggests some volalility. |
| Average Directional Index/ADX (14) | 16.99 | NEGATIVE | The low ADX value for SWKS suggests a weak or negative trend. |
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)
72.765
+0.56 (+0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg0.78%
1 Week-3.53%
2 Weeks-7.62%
1 Month1.59%
3 Month29.98%
6 Month-22.3%
12 Month-36.32%
2 Year-36.38%
3 Year-33.17%
5 Year-50.02%
10 Year-23.95%
15 Year315.06%
Volatility
ATR(14)2.08
ATR(20)%2.6%
ATR Inc-33.29%
Range Today1.08
ADR(20)1.81
ADR(20)%2.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.61
Mansfield-1.91
10 Day High79.21
10 Day Low71.32
20 Day High79.21
20 Day Low70.75
52 Week High120.07
52 Week Low47.93
CS1 End72.75
CR1 Start77.41
Volume & EV
DER(3)2.06%
DER(5)0.96%
Volume1.79M
Volume Incr-21.84%
Vol(5)2.11M
Vol(50)3.42M