SKYWORKS SOLUTIONS INC (SWKS) Stock Technical Analysis
NASDAQ:SWKS - Nasdaq - US83088M1027 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to SWKS. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, SWKS is a bad performer.
65% 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. 62% of 110 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month SWKS has a been trading in the 70.40 - 78.94 range, which is quite wide. It is currently trading near the high of this range.
SWKS has an average volume of 3595100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 offer a high 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
68.26
113.97
2 important support areas can be observed.
- A support zone ranging from 73.87 to 75.43. 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.
We can see 3 important resistance areas.
- A resistance zone ranging from 78.76 to 78.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @85.35 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 | UP | POSITIVE | The long term trend for SWKS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SWKS is up. |
| ChartMill Relative Strength | 35.58 | 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) | 60.85 | NEUTRAL | The RSI value for SWKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests SWKS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.89 | OVERBOUGHT | The high Stochastics value suggests SWKS may be overbought. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for SWKS suggests some volalility. |
| Average Directional Index/ADX (14) | 21.34 | 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)
76.19
-2.57 (-3.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-3.26%
1 Week1.86%
2 Weeks5.63%
1 Month7.64%
3 Month34.75%
6 Month-15.53%
12 Month-32.17%
2 Year-33.38%
3 Year-30.02%
5 Year-47.66%
10 Year-20.36%
15 Year334.63%
Volatility
ATR(14)1.7
ATR(20)%2.38%
ATR Inc24.73%
Range Today2.77
ADR(20)1.71
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.58
Mansfield-1.54
10 Day High78.94
10 Day Low71.01
20 Day High78.94
20 Day Low70.4
52 Week High120.86
52 Week Low47.93
CS1 End75.43
CR1 Start78.76
Volume & EV
DER(3)0.72%
DER(5)0.14%
Volume2.43M
Volume Incr-40.72%
Vol(5)2.34M
Vol(50)3.60M