SKECHERS USA INC-CL A (SKX)

US8305661055 - Common Stock

58.82  -0.33 (-0.56%)

After market: 64.9 +6.08 (+10.34%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to SKX. SKX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

SKX has an average volume of 1533400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, SKX turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
SKX is an average performer in the Textiles, Apparel & Luxury Goods industry, it outperforms 69% of 50 stocks in the same industry.
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.
In the last month SKX has a been trading in the 55.67 - 61.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
SKX Weekly chart
SKX Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, SKX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 58.11, 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

48.07

65.48

We found 3 important support areas.

  • A support zone ranging from 56.16 to 58.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @52.78 from a trend line in the weekly time frame.
  • Support @48.56 from a trend line in the weekly time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 58.93 to 60.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @62.33 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 63.81 to 64.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS50.92
Mansfield-0.21
10 Day High60.39
10 Day Low55.67
20 Day High61.85
20 Day Low55.67
52 Week High65.17
52 Week Low45.58
Performance
1 Week3.45%
2 Weeks2.98%
1 Month-3.35%
3 Month-6.46%
6 Month27.59%
12 Month10.58%
2 Year53.58%
3 Year21.3%
5 Year85.79%
10 Year330.5%
15 Year1408.21%
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)0.3
RSI(14)51.28
LBB55.46
UBB59.71
SKX Daily chart

SKECHERS USA INC-CL A

NYSE:SKX (4/25/2024, 7:17:29 PM)

After market: 64.9 +6.08 (+10.34%)

58.82

-0.33 (-0.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-0.56%
1 Week3.45%
2 Weeks2.98%
1 Month-3.35%
3 Month-6.46%
6 Month27.59%
12 Month10.58%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.43
ATR(20)%2.43%
ATR Inc
Range Today1.29
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 High60.39
10 Day Low55.67
20 Day High61.85
20 Day Low55.67
52 Week High65.17
52 Week Low45.58
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.58M
Volume Incr107.81%
Vol(5)2.71M
Vol(50)1.53M