SKYWORKS SOLUTIONS INC (SWKS) Stock Technical Analysis
NASDAQ:SWKS - Nasdaq - US83088M1027 - Common Stock - Currency: USD
Taking everything into account, SWKS scores 7 out of 10 in our technical rating. In the last year, SWKS was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
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 70.26 - 78.94 range, which is quite wide. It is currently trading near the high of this range.
SWKS has an average volume of 3612360 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 54% of all stocks.
SWKS is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 40% of 110 stocks in the same industry.
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.
Although SWKS has an excellent technical rating, it does not present a decent entry opportunity 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
68.26
113.97
When analyzing the support we can see 2 important areas.
- A support zone ranging from 73.60 to 75.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 68.95 to 69.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @85.43 from a trend line in the daily time frame.
- 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 | UP | POSITIVE | The short term trend for SWKS is up. |
| ChartMill Relative Strength | 54.19 | 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 | NEGATIVE | The current price of SWKS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 74.32 | OVERBOUGHT | The high RSI value suggests SWKS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests SWKS has a positive trend. |
| Stochastics (14,3) | 92.65 | OVERBOUGHT | The high Stochastics value suggests SWKS may be overbought. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for SWKS suggests some volalility. |
| Average Directional Index/ADX (14) | 20.81 | NEUTRAL | The ADX value for SWKS suggests a possible start of a new 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)
78.76
+0.58 (+0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg0.74%
1 Week5.51%
2 Weeks9.97%
1 Month10.62%
3 Month49.22%
6 Month-11.36%
12 Month-25.39%
2 Year-31.14%
3 Year-27.66%
5 Year-45.9%
10 Year-17.68%
15 Year349.29%
Volatility
ATR(14)1.63
ATR(20)%2.24%
ATR Inc-12.75%
Range Today1.3
ADR(20)1.66
ADR(20)%2.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.19
Mansfield-1.41
10 Day High78.94
10 Day Low70.75
20 Day High78.94
20 Day Low70.26
52 Week High120.86
52 Week Low47.93
CS1 End75.02
CR1 Start85.43
Volume & EV
DER(3)1.9%
DER(5)0.3%
Volume1.83M
Volume Incr-33.14%
Vol(5)2.62M
Vol(50)3.61M