Taking everything into account, SWKS scores 0 out of 10 in our technical rating. SWKS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of SWKS is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
59.90
When analyzing the support we can see 2 important areas.
4 important resistance areas can be observed.
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 | 16.97 | NEGATIVE | SWKS has a low relative strength, it was outperformed by 83.03% 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) | 43.46 | NEUTRAL | The RSI value for SWKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SWKS has a positive trend. |
| Stochastics (14,3) | 43.01 | NEUTRAL | The Stochastics value for SWKS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for SWKS suggests some volalility. |
| Average Directional Index/ADX (14) | 24.33 | NEUTRAL | The ADX value for SWKS suggests a possible start of a new trend. |
65.95
+0.61 (+0.93%)
ChartMill assigns a technical rating of 0 / 10 to SWKS.
The current trend direction for SKYWORKS SOLUTIONS INC (SWKS) is Bearish.
SKYWORKS SOLUTIONS INC (SWKS) has an RSI value of 43.4576. This indicates that the stock is currently neutral.
The MACD indicator for SKYWORKS SOLUTIONS INC (SWKS) has a value of 0.0742679, indicating a bearish trend.
The buy/sell signal for SKYWORKS SOLUTIONS INC (SWKS) is sell as both the short term and long term trends are negative.