We assign a technical rating of 8 out of 10 to SKWD. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SKWD is only an average performer.
Although SKWD has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
44.42
3 important support areas can be observed.
- A support zone ranging from 47.77 to 47.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @46.98 from a trend line in the weekly time frame.
- A support zone ranging from 44.87 to 45.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 51.99 to 52.10. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for SKWD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SKWD is up. |
| ChartMill Relative Strength | 61.18 | 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 | POSITIVE | The current price of SKWD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.4 | NEUTRAL | The RSI value for SKWD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests SKWD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.3 | OVERBOUGHT | The high Stochastics value suggests SKWD may be overbought. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for SKWD suggests some volalility. |
| Average Directional Index/ADX (14) | 16.56 | NEGATIVE | The low ADX value for SKWD suggests a weak or negative trend. |
51.98
-0.11 (-0.21%)
SKYWARD SPECIALTY INSURANCE / SKWD FAQ
What is the ChartMill technical rating of SKYWARD SPECIALTY INSURANCE (SKWD) stock?
ChartMill assigns a technical rating of 8 / 10 to SKWD.
What is the trend direction for SKWD stock?
The current trend direction for SKYWARD SPECIALTY INSURANCE (SKWD) is Bullish.
What is the RSI signal for SKWD stock?
SKYWARD SPECIALTY INSURANCE (SKWD) has an RSI value of 64.3958. 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.
What is the buy/sell signal for SKWD stock?
The buy/sell signal for SKYWARD SPECIALTY INSURANCE (SKWD) is buy as both the short term and long term trends are positive.