SKYWORKS SOLUTIONS INC (SWKS) Technical Analysis
NASDAQ:SWKS • US83088M1027
Current stock price
SWKS Technical Rating and Analysis
Overall SWKS gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. SWKS was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, SWKS is a bad performer in the overall market: 69% of all stocks are doing better.
- SWKS is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry, of which 79% are performing better than SWKS.
- 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 51.93 - 61.04 range, which is quite wide. It is currently trading near the high of this range.
- SWKS has an average volume of 3067670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
SWKS Weekly and Daily overview Charts
SWKS Setup Rating and Analysis
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
SWKS Support and Resistance Analysis
51.97
3 important support areas can be observed.
- A support zone ranging from 57.26 to 58.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @53.64 from a horizontal line in the weekly time frame.
- A support zone ranging from 52.49 to 52.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 59.95 to 59.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @67.73 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 | UP | POSITIVE | The short term trend for SWKS is up. |
| ChartMill Relative Strength | 31.47 | 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) | DOWN | MIXED | The current price of SWKS is above 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) | 66.86 | 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. |
| Stochastics (14,3) | 87.65 | OVERBOUGHT | The high Stochastics value suggests SWKS may be overbought. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for SWKS suggests some volalility. |
| Average Directional Index/ADX (14) | 19.42 | NEGATIVE | The low ADX value for SWKS suggests a weak or negative trend. |
SWKS Chart- and CandleStick Pattern Analysis
SWKS Technicals: Chart, Performance Metrics, Trend & Indicators
59.94
+0.48 (+0.81%)
SKYWORKS SOLUTIONS INC / SWKS TA 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.
What is the RSI signal for SWKS stock?
SKYWORKS SOLUTIONS INC (SWKS) has an RSI value of 66.8554. 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 0.607761, 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 58.28 and a resistance level at 59.95. Check the full technical report for our detailed analysis of SWKS support and resistance levels.