Overall SKWD gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. SKWD was also a bad performer in the overall market in the last year.
SKWD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 48.75, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
44.42
We found 2 important support areas.
- A support zone ranging from 47.34 to 48.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 44.87 to 46.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @48.97 from a horizontal line in the weekly time frame.
- Resistance @49.78 from a horizontal line in the daily time frame.
- A resistance zone ranging from 50.61 to 51.16. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for SKWD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SKWD is up. |
| ChartMill Relative Strength | 33.62 | NEUTRAL | SKWD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SKWD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SKWD is above the rising 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) | 56.94 | NEUTRAL | The RSI value for SKWD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests SKWD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.9 | NEUTRAL | The Stochastics value for SKWD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for SKWD suggests some volalility. |
| Average Directional Index/ADX (14) | 12.76 | NEGATIVE | The low ADX value for SKWD suggests a weak or negative trend. |
48.96
-0.04 (-0.08%)
SKYWARD SPECIALTY INSURANCE / SKWD FAQ
What is the ChartMill technical rating of SKYWARD SPECIALTY INSURANCE (SKWD) stock?
ChartMill assigns a technical rating of 4 / 10 to SKWD.
What is the trend direction for 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 56.9398. This indicates that the stock is currently neutral.
What is the short term momentum for SKWD stock?
The short term momentum for SKYWARD SPECIALTY INSURANCE (SKWD) is positive.