NASDAQ:SWKS - Nasdaq - US83088M1027 - Common Stock - Currency: USD
Taking everything into account, SWKS scores 4 out of 10 in our technical rating. SWKS performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is only medium, SWKS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 72.75, a Stop Loss order could be placed below this zone.
71.35
When analyzing the support we notice one important area.
We can see 3 important resistance areas.
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 | DOWN | NEGATIVE | The short term trend for SWKS is down. |
ChartMill Relative Strength | 23.61 | NEGATIVE | SWKS has a low relative strength, it was outperformed by 76.39% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of SWKS is below 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) | 45.39 | NEUTRAL | The RSI value for SWKS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.72 | NEGATIVE | The MACD value suggests SWKS has a negative trend. |
Stochastics (14,3) | 14.34 | OVERSOLD | The low Stochastics value suggests SWKS may be oversold. |
Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for SWKS suggests some volalility. |
Average Directional Index/ADX (14) | 16.99 | NEGATIVE | The low ADX value for SWKS suggests a weak or negative trend. |
72.765
+0.56 (+0.78%)