SKYWARD SPECIALTY INSURANCE (SKWD) Stock Technical Analysis
NASDAQ:SKWD - Nasdaq - US8309401029 - Common Stock - Currency: USD
Overall SKWD gets a technical rating of 0 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
67% of all other stocks performed better in the past year than SKWD.
In the last month SKWD has a been trading in the 47.21 - 53.66 range, which is quite wide. It is currently trading near the lows of this range.
SKWD is part of the Insurance industry. There are 141 other stocks in this industry, SKWD did better than 55% of them.
SKWD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SKWD is lagging the market.
Although the technical rating is bad, SKWD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 47.69, a Stop Loss order could be placed below this zone.
More info and screens
46.79
50.34
We found 1 important support area.
- A support zone ranging from 47.26 to 47.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 47.91 to 48.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 49.79 to 49.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | DOWN | NEGATIVE | The long term trend for SKWD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SKWD is down. |
| ChartMill Relative Strength | 33.02 | NEUTRAL | SKWD is not amongst the best or worst performers 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) | UP | MIXED | The current price of SKWD is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.72 | NEUTRAL | The RSI value for SKWD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests SKWD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 13.39 | OVERSOLD | The low Stochastics value suggests SKWD may be oversold. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for SKWD suggests some volalility. |
| Average Directional Index/ADX (14) | 31.16 | POSITIVE | The high ADX value value for SKWD suggests a strong 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)
47.9
+0.2 (+0.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.42%
1 Week-2.07%
2 Weeks-3.37%
1 Month-9.37%
3 Month-21.44%
6 Month-1.54%
12 Month20.29%
2 Year96.96%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.65
ATR(20)%3.23%
ATR Inc-25.95%
Range Today1.01
ADR(20)1.52
ADR(20)%3.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.02
Mansfield-1.31
10 Day High50.11
10 Day Low47.21
20 Day High53.66
20 Day Low47.21
52 Week High65.05
52 Week Low37.79
CS1 End47.69
CR1 Start47.91
Volume & EV
DER(3)-1.04%
DER(5)-1.81%
Volume403.10K
Volume Incr-32.51%
Vol(5)318.34K
Vol(50)431.39K