SWKS Technical Analysis - SKYWORKS SOLUTIONS INC

Technical Rating and Analysis

Taking everything into account, SWKS scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, SWKS is a bad performer.

78% of all other stocks performed better in the past year than SWKS.

SWKS is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 72% of 112 stocks in the same industry do better.

The long and short term trends are both positive. This is looking good!

In the last month SWKS has a been trading in the 71.56 - 83.52 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.

SWKS has an average volume of 2604290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

SWKS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SWKS is lagging the market.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

SKYWORKS SOLUTIONS INC / SWKS Weekly stock chart

SKYWORKS SOLUTIONS INC / SWKS Daily stock chart

Setup Rating and Analysis

Although SWKS has an excellent technical rating, it does not offer a high quality setup 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

68.26

82.07

When analyzing the support we can see 2 important areas.

A support zone ranging from 72.61 to 76.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @68.95 from a horizontal line in the daily time frame.

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What is Support and Resistance

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Technical Indicator Signal Analysis

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 SWKS is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for SWKS is up.
ChartMill Relative Strength	22.3	NEGATIVE	SWKS has a low relative strength, it was outperformed by 77.7% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of SWKS is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of SWKS is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	MIXED	The current price of SWKS is above a declining SMA(200).
Relative Strength Index/RSI (14)	66.32	NEUTRAL	The RSI value for SWKS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.73	POSITIVE	The MACD value suggests SWKS has a positive trend.
Stochastics (14,3)	86.81	OVERBOUGHT	The high Stochastics value suggests SWKS may be overbought.
Average True Range in percent/ATR (20)	2.91	MEDIUM VOLATILITY	The ATR as a percentage value for SWKS suggests some volalility.
Average Directional Index/ADX (14)	21.44	NEUTRAL	The ADX value for SWKS suggests a possible start of a new trend.