SKYWARD SPECIALTY INSURANCE (SKWD) Stock Technical Analysis
NASDAQ:SKWD - Nasdaq - US8309401029 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to SKWD. Although SKWD is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month SKWD has a been trading in the 51.34 - 58.18 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that SKWD is one of the better performing stocks in the market, outperforming 75% of all stocks. We also observe that the gains produced by SKWD over the past year are nicely spread over this period.
SKWD is part of the Insurance industry. There are 143 other stocks in this industry. SKWD outperforms 84% of them.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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.
SKWD has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 51.97, a Stop Loss order could be placed below this zone.
More info and screens
48.51
54.76
2 important support areas can be observed.
- A support zone ranging from 51.79 to 51.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @49.00 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 52.06 to 53.25. 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 54.13 to 54.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 75.7 | POSITIVE | SKWD has a high relative strength, it outperformed 75.7% 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) | UP | POSITIVE | The current price of SKWD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.7 | NEUTRAL | The RSI value for SKWD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests SKWD has a negative trend. |
| Stochastics (14,3) | 15.63 | OVERSOLD | The low Stochastics value suggests SKWD may be oversold. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for SKWD suggests some volalility. |
| Average Directional Index/ADX (14) | 31.26 | 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)
51.98
+0.18 (+0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.35%
1 Week-3.95%
2 Weeks-0.29%
1 Month-8.5%
3 Month-0.15%
6 Month23.32%
12 Month35.15%
2 Year119.42%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.51
ATR(20)%3.17%
ATR Inc-33.87%
Range Today1
ADR(20)1.63
ADR(20)%3.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.7
Mansfield-0.43
10 Day High55.37
10 Day Low51.34
20 Day High58.18
20 Day Low51.34
52 Week High65.05
52 Week Low34.1
CS1 End51.97
CR1 Start52.06
Volume & EV
DER(3)1.01%
DER(5)0.21%
Volume382.10K
Volume Incr7.54%
Vol(5)485.56K
Vol(50)392.97K