SKECHERS USA INC-CL A (SKX)

US8305661055 - Common Stock

64.72  +1.01 (+1.59%)

After market: 64.65 -0.07 (-0.11%)

Technical Rating and Analysis

1

Overall SKX gets a technical rating of 1 out of 10. 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 is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
SKX has an average volume of 1919270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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 60% of all stocks.
SKX is part of the Textiles, Apparel & Luxury Goods industry. There are 52 other stocks in this industry, SKX did better than 68% 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
SKX Weekly chart
SKX Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, SKX does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 68.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 62.53, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

55.55

69.78

2 important support areas can be observed.

  • A support zone ranging from 62.46 to 62.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 56.11 to 57.04. 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 68.16 to 69.09. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS60.01
Mansfield-0.2
10 Day High68.28
10 Day Low63
20 Day High69.76
20 Day Low63
52 Week High75.09
52 Week Low45.58
Performance
1 Week2.03%
2 Weeks-5.05%
1 Month-7.33%
3 Month-1.05%
6 Month2.93%
12 Month15.34%
2 Year70.5%
3 Year20.57%
5 Year70.59%
10 Year272.17%
15 Year1303.91%
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)-0.18
RSI(14)41.43
LBB62.45
UBB68.72
SKX Daily chart

SKECHERS USA INC-CL A

NYSE:SKX (7/26/2024, 7:04:00 PM)

After market: 64.65 -0.07 (-0.11%)

64.72

+1.01 (+1.59%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg1.59%
1 Week2.03%
2 Weeks-5.05%
1 Month-7.33%
3 Month-1.05%
6 Month2.93%
12 Month15.34%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.77
ATR(20)%2.71%
ATR Inc
Range Today2.47
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 High68.28
10 Day Low63
20 Day High69.76
20 Day Low63
52 Week High75.09
52 Week Low45.58
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.60M
Volume Incr49.65%
Vol(5)3.22M
Vol(50)1.92M