SKECHERS USA INC-CL A (SKX)

US8305661055 - Common Stock

66.08  -1.29 (-1.91%)

After market: 66.08 0 (0%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to SKX. SKX was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
SKX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SKX is performing more or less in line with the market.
SKX has an average volume of 1886980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, SKX did better than 77% of all other stocks. We also observe that the gains produced by SKX over the past year are nicely spread over this period. However, we also see that SKX couldn't keep up this performance in the last couple of months.
SKX is an average performer in the Textiles, Apparel & Luxury Goods industry, it outperforms 70% of 51 stocks in the same industry.
In the last month SKX has a been trading in the 61.15 - 70.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
SKX Weekly chart
SKX Daily chart
Setup Rating and Analysis

3

SKX has an average technical rating and it also 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.

Support and Resistance Analysis

49.85

75.25

3 important support areas can be observed.

  • A support zone ranging from 60.47 to 61.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 59.45 to 59.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @50.35 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @69.47 from a trend line in the daily time frame.
  • Resistance @74.50 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.47
Mansfield0.05
10 Day High70.91
10 Day Low65.38
20 Day High70.91
20 Day Low61.15
52 Week High75.09
52 Week Low45.58
Performance
1 Week-3.52%
2 Weeks-1.81%
1 Month6.02%
3 Month-9.32%
6 Month10.04%
12 Month34.75%
2 Year108.32%
3 Year56.89%
5 Year76.92%
10 Year271.86%
15 Year1056.59%
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)
Technical Indicators
MACD(12,26,9)-0.07
RSI(14)48.21
LBB65.25
UBB70.58
SKX Daily chart

SKECHERS USA INC-CL A

NYSE:SKX (9/6/2024, 8:04:00 PM)

After market: 66.08 0 (0%)

66.08

-1.29 (-1.91%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-1.91%
1 Week-3.52%
2 Weeks-1.81%
1 Month6.02%
3 Month-9.32%
6 Month10.04%
12 Month34.75%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.73
ATR(20)%2.57%
ATR Inc
Range Today2.05
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High70.91
10 Day Low65.38
20 Day High70.91
20 Day Low61.15
52 Week High75.09
52 Week Low45.58
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.35M
Volume Incr-10.18%
Vol(5)1.47M
Vol(50)1.89M