SKYWORKS SOLUTIONS INC (SWKS) Stock Technical Analysis
NASDAQ:SWKS • US83088M1027
Overall SWKS gets a technical rating of 2 out of 10. In the past year, SWKS was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, SWKS is a bad performer in the overall market: 75% of all stocks are doing better.
- SWKS is part of the Semiconductors & Semiconductor Equipment industry. There are 113 other stocks in this industry, of which 76% are performing better than SWKS.
- In the last month SWKS has a been trading in the 54.02 - 64.22 range, which is quite wide. It is currently trading near the high of this range.
- SWKS has an average volume of 3656480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- 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.
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 resistance zone just above the current price starting at 62.11. Right above this resistance zone may be a good entry point.
More info and screens
54.72
When analyzing the support we notice one important area.
- A support zone ranging from 55.27 to 55.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 62.11 to 63.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @71.27 from a trend line in the weekly time frame.
- Resistance @73.32 from a horizontal 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 | UP | POSITIVE | The short term trend for SWKS is up. |
| ChartMill Relative Strength | 25.3 | NEGATIVE | SWKS has a low relative strength, it was outperformed by 74.7% off all stocks 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) | 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) | 53.85 | NEUTRAL | The RSI value for SWKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.61 | POSITIVE | The MACD value suggests SWKS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.9 | NEUTRAL | The Stochastics value for SWKS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.78 | MEDIUM VOLATILITY | The ATR as a percentage value for SWKS suggests some volalility. |
| Average Directional Index/ADX (14) | 17.64 | NEGATIVE | The low ADX value for SWKS suggests a weak or negative trend. |
62
-0.16 (-0.26%)
SKYWORKS SOLUTIONS INC / SWKS FAQ
What is the technical rating for SWKS stock?
ChartMill assigns a technical rating of 2 / 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 53.8511. 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 0.606045, indicating a bearish trend.
What is the short term momentum for SWKS stock?
The short term momentum for SKYWORKS SOLUTIONS INC (SWKS) is positive.