SKYWEST INC (SKYW) Stock Technical Analysis
NASDAQ:SKYW - Nasdaq - US8308791024 - Common Stock - Currency: USD
Overall SKYW gets a technical rating of 10 out of 10. 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 90% of all other stocks.
SKYW is part of the Passenger Airlines industry. There are 22 other stocks in this industry. SKYW outperforms 80% of them.
SKYW is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SKYW is lagging the market slightly.
In the last month SKYW has a been trading in the 102.63 - 119.44 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.
SKYW has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
88.95
117.56
When analyzing the support we can see 5 important areas.
- A support zone ranging from 111.17 to 114.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 103.40 to 105.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @97.92 from a horizontal line in the daily time frame.
- Support @96.12 from a horizontal line in the daily time frame.
- Support @89.85 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SKYW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SKYW is up. |
| ChartMill Relative Strength | 90.5 | POSITIVE | SKYW has a high relative strength, it outperformed 90.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SKYW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SKYW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SKYW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.42 | NEUTRAL | The RSI value for SKYW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests SKYW has a positive trend. |
| Stochastics (14,3) | 79.33 | NEUTRAL | The Stochastics value for SKYW is a neutral value. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for SKYW suggests some volalility. |
| Average Directional Index/ADX (14) | 27.77 | POSITIVE | The high ADX value value for SKYW suggests a strong trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 119.45 | 111.16 | 8.29 (6.94%) | 14.42% |
| An entry @119.45. This is a Buy Stop order right above the 10 day high. | An exit @111.16. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 8.29 points, which is 6.94%. | For a 1.00% total portfolio risk, you can invest 14.42% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:SKYW (7/31/2025, 2:52:01 PM)
116.395
-0.27 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-0.23%
1 Week2.82%
2 Weeks5.07%
1 Month12.07%
3 Month24.36%
6 Month-3.52%
12 Month62.46%
2 Year165.2%
3 Year383.06%
5 Year343.41%
10 Year604.47%
15 Year837.03%
Volatility
ATR(14)3.42
ATR(20)%3.09%
ATR Inc-26.61%
Range Today2.51
ADR(20)3.28
ADR(20)%2.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.5
Mansfield0.99
10 Day High119.44
10 Day Low108.23
20 Day High119.44
20 Day Low102.63
52 Week High135.57
52 Week Low64.61
CS1 End114.04
CR1 StartN/A
Volume & EV
DER(3)-0.44%
DER(5)-1.03%
Volume149.88K
Volume Incr84.83%
Vol(5)659.38K
Vol(50)333.96K