Logo image of SKX

SKECHERS USA INC-CL A (SKX) Stock Technical Analysis

NYSE:SKX - New York Stock Exchange, Inc. - US8305661055 - Common Stock - Currency: USD

62.03  +0.05 (+0.08%)

After market: 62.19 +0.16 (+0.26%)

Technical Rating and Analysis

6

Overall SKX gets a technical rating of 6 out of 10. SKX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

When comparing the yearly performance of all stocks, SKX is a bad performer in the overall market: 67% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
SKX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
SKX has an average volume of 7456640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SKX is part of the Textiles, Apparel & Luxury Goods industry. There are 48 other stocks in this industry, SKX did better than 59% of them.
SKX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SKX is lagging the market slightly.
Weekly and Daily overview Charts
SKECHERS USA INC-CL A / SKX Weekly stock chart
SKECHERS USA INC-CL A / SKX Daily stock chart
Setup Rating and Analysis

8

SKX 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 resistance zone just above the current price starting at 62.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 62.02, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SKX in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

46.91

63.14

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 61.58 to 62.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @50.40 from a trend line in the daily time frame.
  • Support @47.38 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 62.11 to 62.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for SKX is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for SKX is up.
ChartMill Relative Strength33.2NEUTRALSKX is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of SKX is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of SKX is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of SKX is below a declining SMA(200).
Relative Strength Index/RSI (14)67.43NEUTRALThe RSI value for SKX is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.13NEGATIVEThe MACD value suggests SKX has a negative trend.
Stochastics (14,3)54.17NEUTRALThe Stochastics value for SKX is a neutral value.
Average True Range in percent/ATR (20)1.6LOW VOLATILITYThe low ATR as a percentage value for SKX suggests low volalility.
Average Directional Index/ADX (14)37.65POSITIVEThe high ADX value value for SKX suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
62.5261.850.67 (1.07%)25.00%
An entry @62.52. This is a Buy Stop order right above the resistance zone.An exit @61.85. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.67 points, which is 1.07%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.27%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SKECHERS USA INC-CL A / SKX Daily stock chart

SKECHERS USA INC-CL A

NYSE:SKX (5/29/2025, 8:13:58 PM)

After market: 62.19 +0.16 (+0.26%)

62.03

+0.05 (+0.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg0.08%
1 Week0.02%
2 Weeks-0.23%
1 Month29.18%
3 Month1.71%
6 Month-2.8%
12 Month-13.15%
2 Year20.75%
3 Year57.44%
5 Year98.05%
10 Year75.77%
15 Year393.87%
Volatility
ATR(14)0.24
ATR(20)%1.6%
ATR Inc-54.66%
Range Today0.15
ADR(20)0.34
ADR(20)%0.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.2
Mansfield-0.6
10 Day High62.16
10 Day Low61.86
20 Day High62.5
20 Day Low47.69
52 Week High78.85
52 Week Low44.5
CS1 End62.02
CR1 Start62.11
Volume & EV
DER(3)4.11%
DER(5)1.33%
Volume8.14M
Volume Incr-42.39%
Vol(5)7.05M
Vol(50)7.46M