SKECHERS USA INC-CL A (SKX) Stock Technical Analysis
NYSE:SKX - New York Stock Exchange, Inc. - US8305661055 - Common Stock - Currency: USD
Taking everything into account, SKX scores 2 out of 10 in our technical rating. SKX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, SKX is a bad performer in the overall market: 65% of all stocks are doing better.
SKX is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 76% of 48 stocks in the same industry.
In the last month SKX has a been trading in the 44.50 - 61.94 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SKX has an average volume of 5504030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
SKX is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of SKX is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
46.91
62.01
2 important support areas can be observed.
- Support @48.15 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 61.37 to 61.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.63
Mansfield-0.32
10 Day High61.94
10 Day Low46.69
20 Day High61.94
20 Day Low44.5
52 Week High78.85
52 Week Low44.5
Performance
1 Week26.05%
2 Weeks27.75%
1 Month27.28%
3 Month-7.07%
6 Month-1.49%
12 Month-9.47%
2 Year19.45%
3 Year55.74%
5 Year95.91%
10 Year73.87%
15 Year388.54%
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)1.76
RSI(14)68.59
LBB40.65
UBB59.49
61.36
-0.03 (-0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-0.05%
1 Week26.05%
2 Weeks27.75%
1 Month27.28%
3 Month-7.07%
6 Month-1.49%
12 Month-9.47%
2 Year19.45%
3 Year55.74%
5 Year95.91%
10 Year73.87%
15 Year388.54%
Volatility
ATR(14)2.78
ATR(20)%5.01%
ATR Inc187.76%
Range Today0.19
ADR(20)2.29
ADR(20)%3.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.63
Mansfield-0.32
10 Day High61.94
10 Day Low46.69
20 Day High61.94
20 Day Low44.5
52 Week High78.85
52 Week Low44.5
CS1 End48.15
CR1 Start61.37
Volume & EV
DER(3)-0.95%
DER(5)0.22%
Volume37.70M
Volume Incr411.75%
Vol(5)24.68M
Vol(50)5.50M