SKYWARD SPECIALTY INSURANCE (SKWD) Technical Analysis
NASDAQ:SKWD • US8309401029
Current stock price
SKWD Technical Rating and Analysis
Taking everything into account, SKWD scores 0 out of 10 in our technical rating. SKWD'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.
- 82% of all other stocks performed better in the past year than SKWD.
- SKWD is one of the lesser performing stocks in the Insurance industry. 71% of 148 stocks in the same industry do better.
- SKWD is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so SKWD is lagging the market.
- In the last month SKWD has a been trading in the 41.20 - 49.66 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
SKWD Weekly and Daily overview Charts
SKWD Setup Rating and Analysis
The technical rating of SKWD is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
SKWD Support and Resistance Analysis
41.01
We can see 3 important resistance areas.
- A resistance zone ranging from 45.05 to 46.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @48.51 from a trend line in the daily time frame.
- A resistance zone ranging from 51.15 to 51.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
SKWD 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 | NEUTRAL | NEUTRAL | The long term trend for SKWD is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SKWD is down. |
| ChartMill Relative Strength | 18.1 | NEGATIVE | SKWD has a low relative strength, it was outperformed by 81.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SKWD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SKWD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SKWD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.85 | NEUTRAL | The RSI value for SKWD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.57 | NEGATIVE | The MACD value suggests SKWD has a negative trend. |
| Stochastics (14,3) | 4.99 | OVERSOLD | The low Stochastics value suggests SKWD may be oversold. |
| Average True Range in percent/ATR (20) | 4.65 | MEDIUM VOLATILITY | The ATR as a percentage value for SKWD suggests some volalility. |
| Average Directional Index/ADX (14) | 19.49 | NEGATIVE | The low ADX value for SKWD suggests a weak or negative trend. |
SKWD Chart- and CandleStick Pattern Analysis
SKWD Technicals: Chart, Performance Metrics, Trend & Indicators
41.42
-1.41 (-3.29%)
SKYWARD SPECIALTY INSURANCE / SKWD TA FAQ
What is the technical rating for SKWD stock?
ChartMill assigns a technical rating of 0 / 10 to SKWD.
What is the current trend direction of SKYWARD SPECIALTY INSURANCE (SKWD) stock?
The current trend direction for SKYWARD SPECIALTY INSURANCE (SKWD) is Bearish.
What is the RSI signal for SKWD stock?
SKYWARD SPECIALTY INSURANCE (SKWD) has an RSI value of 31.8529. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SKYWARD SPECIALTY INSURANCE?
The short term momentum for SKYWARD SPECIALTY INSURANCE (SKWD) is negative.
Can you provide the support and resistance levels for SKYWARD SPECIALTY INSURANCE?
SKYWARD SPECIALTY INSURANCE (SKWD) has a resistance level at 45.05. Check the full technical report for our detailed analysis of SKWD support and resistance levels.