We assign a technical rating of 0 out of 10 to SWKS. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 90% of all other stocks performed better in the past year than SWKS.
- SWKS is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 87% of 113 stocks in the same industry do better.
- SWKS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month SWKS has a been trading in the 54.02 - 67.67 range, which is quite wide. It is currently trading near the lows of this range.
- SWKS has an average volume of 3336960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
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.
More info and screens
55.20
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 57.90 to 60.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @61.21 from a trend line in the daily time frame.
- A resistance zone ranging from 72.44 to 73.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 10.19 | NEGATIVE | SWKS has a low relative strength, it was outperformed by 89.81% 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) | 33.7 | NEUTRAL | The RSI value for SWKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests SWKS has a negative trend. |
| Stochastics (14,3) | 20.33 | NEUTRAL | The Stochastics value for SWKS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.4 | MEDIUM VOLATILITY | The ATR as a percentage value for SWKS suggests some volalility. |
| Average Directional Index/ADX (14) | 27.2 | POSITIVE | The high ADX value value for SWKS suggests a strong trend. |
55.76
-0.03 (-0.05%)
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 33.6972. 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 -0.141571, indicating a bearish trend.
What is the short term momentum for SWKS stock?
The short term momentum for SKYWORKS SOLUTIONS INC (SWKS) is negative.