Taking everything into account, SWKS scores 0 out of 10 in our technical rating. SWKS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
SWKS has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 62.60, a Stop Loss order could be placed below this zone.
More info and screens
61.82
When analyzing the support we notice one important area.
- A support zone ranging from 62.44 to 62.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 67.83 to 69.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 73.32 to 74.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @75.67 from a trend line in the daily time frame.
- Resistance @78.76 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 | DOWN | NEGATIVE | The long term trend for SWKS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SWKS is down. |
| ChartMill Relative Strength | 15.26 | NEGATIVE | SWKS has a low relative strength, it was outperformed by 84.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SWKS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SWKS is below a declining 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) | 35.47 | NEUTRAL | The RSI value for SWKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests SWKS has a negative trend. |
| Stochastics (14,3) | 6.59 | OVERSOLD | The low Stochastics value suggests SWKS may be oversold. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for SWKS suggests some volalility. |
| Average Directional Index/ADX (14) | 19.76 | NEGATIVE | The low ADX value for SWKS suggests a weak or negative trend. |
63.41
-1.05 (-1.63%)
SKYWORKS SOLUTIONS INC / SWKS FAQ
What is the technical rating for SWKS stock?
ChartMill assigns a technical rating of 0 / 10 to SWKS.
Can you provide the trend direction for SKYWORKS SOLUTIONS INC?
The current trend direction for SKYWORKS SOLUTIONS INC (SWKS) is Bearish.
Can you provide the RSI signal for SKYWORKS SOLUTIONS INC?
SKYWORKS SOLUTIONS INC (SWKS) has an RSI value of 35.4715. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SKYWORKS SOLUTIONS INC?
The MACD indicator for SKYWORKS SOLUTIONS INC (SWKS) has a value of -0.0976924, indicating a bearish trend.
What is the short term momentum for SWKS stock?
The short term momentum for SKYWORKS SOLUTIONS INC (SWKS) is negative.