SKYWEST INC (SKYW)

US8308791024 - Common Stock

74.98  +1.71 (+2.33%)

After market: 74.98 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, SKYW scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SKYW has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SKYW did better than 97% of all other stocks. We also observe that the gains produced by SKYW over the past year are nicely spread over this period.
SKYW is part of the Passenger Airlines industry. There are 24 other stocks in this industry. SKYW outperforms 100% of them.
SKYW is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SKYW is leading the market.
In the last month SKYW has a been trading in the 64.65 - 79.21 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
SKYW Weekly chart
SKYW Daily chart
Setup Rating and Analysis

5

SKYW has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.

Support and Resistance Analysis

54.17

75.74

We found 4 important support areas.

  • A support zone ranging from 70.15 to 70.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 66.64 to 67.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @63.34 from a trend line in the daily time frame.
  • Support @54.72 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 74.99 to 74.99. 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
CRS97.71
Mansfield4.22
10 Day High79.21
10 Day Low67.75
20 Day High79.21
20 Day Low64.65
52 Week High79.21
52 Week Low25.79
Performance
1 Week2.52%
2 Weeks10.22%
1 Month10.31%
3 Month28.15%
6 Month68.46%
12 Month167.21%
2 Year178.12%
3 Year52.93%
5 Year27.69%
10 Year555.42%
15 Year632.94%
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)0.32
RSI(14)64.21
LBB65.19
UBB77.33
SKYW Daily chart

SKYWEST INC

NASDAQ:SKYW (5/2/2024, 5:23:09 PM)

After market: 74.98 0 (0%)

74.98

+1.71 (+2.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg2.33%
1 Week2.52%
2 Weeks10.22%
1 Month10.31%
3 Month28.15%
6 Month68.46%
12 Month167.21%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.18
ATR(20)%3.86%
ATR Inc
Range Today1.84
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 High79.21
10 Day Low67.75
20 Day High79.21
20 Day Low64.65
52 Week High79.21
52 Week Low25.79
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume362.94K
Volume Incr15.39%
Vol(5)474.41K
Vol(50)527.68K