SKYWARD SPECIALTY INSURANCE (SKWD) Stock Technical Analysis
USA - NASDAQ:SKWD - US8309401029 - Common Stock
47.56 USD
+0.45 (+0.96%)
47.56 USD
0 (0%)
We assign a technical rating of 0 out of 10 to SKWD. SKWD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SKWD is a bad performer in the overall market: 74% of all stocks are doing better.
SKWD is one of the lesser performing stocks in the Insurance industry. 60% of 146 stocks in the same industry do better.
SKWD 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 SKWD has a been trading in the 45.15 - 54.00 range, which is quite wide. It is currently trading near the lows of this range.
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 resistance zone just above the current price starting at 47.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 47.33, a Stop Loss order could be placed below this zone.
More info and screens
45.06
51.68
When analyzing the support we notice one important area.
- A support zone ranging from 45.52 to 47.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 47.76 to 47.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 48.83 to 50.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @51.17 from a horizontal line 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 | 26.39 | NEGATIVE | SKWD has a low relative strength, it was outperformed by 73.61% 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) | 47.18 | NEUTRAL | The RSI value for SKWD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests SKWD has a positive trend. |
| Stochastics (14,3) | 55.74 | NEUTRAL | The Stochastics value for SKWD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for SKWD suggests some volalility. |
| Average Directional Index/ADX (14) | 12.2 | NEGATIVE | The low ADX value for SKWD suggests a weak or negative 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)
47.56
+0.45 (+0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.96%
1 Week0.78%
2 Weeks1.67%
1 Month-3.65%
3 Month-15.09%
6 Month-4%
12 Month7.55%
2 Year73.83%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.24
ATR(20)%3.21%
ATR Inc-9.36%
Range Today0.8
ADR(20)1.47
ADR(20)%3.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.39
Mansfield-1.67
10 Day High48.15
10 Day Low45.74
20 Day High54
20 Day Low45.15
52 Week High65.05
52 Week Low41.28
CS1 End47.33
CR1 Start47.76
Volume & EV
DER(3)2.59%
DER(5)0.72%
Volume486.20K
Volume Incr-26.51%
Vol(5)398.38K
Vol(50)482.58K