SKYWORKS SOLUTIONS INC (SWKS) Technical Analysis
NASDAQ:SWKS • US83088M1027
Current stock price
SWKS Technical Rating and Analysis
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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, SWKS is a bad performer in the overall market: 76% of all stocks are doing better.
- SWKS is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 81% of 115 stocks in the same industry do better.
- SWKS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SWKS is lagging the market.
- In the last month SWKS has a been trading in the 51.93 - 57.60 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- SWKS has an average volume of 3686040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SWKS Weekly and Daily overview Charts
SWKS Setup Rating and Analysis
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 56.67. Right above this resistance zone may be a good entry point.
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SWKS Support and Resistance Analysis
53.10
When analyzing the support we notice one important area.
- Support @53.64 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 56.67 to 57.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @59.20 from a trend line in the daily time frame.
- Resistance @62.11 from a horizontal line in the weekly time frame.
- Resistance @68.52 from a trend line in the weekly time frame.
SWKS Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for SWKS is neutral. |
| ChartMill Relative Strength | 24.75 | NEGATIVE | SWKS has a low relative strength, it was outperformed by 75.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SWKS is above 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) | 47.59 | NEUTRAL | The RSI value for SWKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests SWKS has a positive trend. |
| Stochastics (14,3) | 61.32 | NEUTRAL | The Stochastics value for SWKS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.54 | MEDIUM VOLATILITY | The ATR as a percentage value for SWKS suggests some volalility. |
| Average Directional Index/ADX (14) | 25.09 | POSITIVE | The high ADX value value for SWKS suggests a strong trend. |
SWKS Chart- and CandleStick Pattern Analysis
SWKS Technicals: Chart, Performance Metrics, Trend & Indicators
55.06
-0.91 (-1.63%)
SKYWORKS SOLUTIONS INC / SWKS TA 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.
What is the RSI signal for SWKS stock?
SKYWORKS SOLUTIONS INC (SWKS) has an RSI value of 47.5919. This indicates that the stock is currently neutral.
What is the MACD signal for SKYWORKS SOLUTIONS INC (SWKS) stock?
The MACD indicator for SKYWORKS SOLUTIONS INC (SWKS) has a value of 0.286078, indicating a bearish trend.
What are the support and resistance levels for SKYWORKS SOLUTIONS INC (SWKS) stock?
SKYWORKS SOLUTIONS INC (SWKS) has a support level at 53.64 and a resistance level at 56.67. Check the full technical report for our detailed analysis of SWKS support and resistance levels.