SKYWORKS SOLUTIONS INC (SWKS) Technical Analysis
NASDAQ:SWKS • US83088M1027
Current stock price
SWKS Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to SWKS. SWKS has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- SWKS is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 81% of 115 stocks in the same industry do better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month SWKS has a been trading in the 53.98 - 70.45 range, which is quite wide. It is currently trading near the high of this range.
- SWKS has an average volume of 3201620 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, SWKS turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
- 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SWKS Weekly and Daily overview Charts
SWKS Setup Rating and Analysis
Although SWKS has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
SWKS Support and Resistance Analysis
52.25
We found 2 important support areas.
- A support zone ranging from 60.08 to 60.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @52.78 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @70.17 from a horizontal line in the daily time frame.
- Resistance @79.51 from a horizontal line in the weekly time frame.
SWKS Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for SWKS is up. |
| ChartMill Relative Strength | 67.79 | NEUTRAL | SWKS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SWKS is above 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 | MIXED | The current price of SWKS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 75.43 | OVERBOUGHT | The high RSI value suggests SWKS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.06 | POSITIVE | The MACD value suggests SWKS has a positive trend. |
| Stochastics (14,3) | 91.77 | OVERBOUGHT | The high Stochastics value suggests SWKS may be overbought. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for SWKS suggests some volalility. |
| Average Directional Index/ADX (14) | 29.06 | POSITIVE | The high ADX value value for SWKS suggests a strong trend. |
SWKS Chart- and CandleStick Pattern Analysis
SWKS Technicals: Chart, Performance Metrics, Trend & Indicators
69.4
-0.77 (-1.1%)
SKYWORKS SOLUTIONS INC / SWKS TA FAQ
What is the technical rating for SWKS stock?
ChartMill assigns a technical rating of 7 / 10 to SWKS.
Can you provide the trend direction for SKYWORKS SOLUTIONS INC?
The current trend direction for SKYWORKS SOLUTIONS INC (SWKS) is Bearish.
What is the RSI signal for SWKS stock?
SKYWORKS SOLUTIONS INC (SWKS) has an RSI value of 75.4343. This indicates that the stock is currently overbought.
What is the MACD signal for SKYWORKS SOLUTIONS INC (SWKS) stock?
The MACD indicator for SKYWORKS SOLUTIONS INC (SWKS) has a value of 1.06244, indicating a bullish trend.
What are the support and resistance levels for SKYWORKS SOLUTIONS INC (SWKS) stock?
SKYWORKS SOLUTIONS INC (SWKS) has a support level at 60.98 and a resistance level at 70.17. Check the full technical report for our detailed analysis of SWKS support and resistance levels.