SKYWORKS SOLUTIONS INC (SWKS) Technical Analysis
NASDAQ:SWKS • US83088M1027
We assign a technical rating of 0 out of 10 to SWKS. SWKS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 86% 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. 84% of 115 stocks in the same industry do better.
- SWKS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month SWKS has a been trading in the 55.80 - 64.22 range, which is quite wide. It is currently trading near the lows of this range.
- SWKS has an average volume of 3712390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SWKS has a poor technical rating and the quality of the setup is also not perfect 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
55.55
We found 1 important support area.
- Support @56.11 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 60.23 to 60.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 61.35 to 62.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @63.69 from a horizontal line in the daily time frame.
- Resistance @70.48 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 | DOWN | NEGATIVE | The long term trend for SWKS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SWKS is down. |
| ChartMill Relative Strength | 14.96 | NEGATIVE | SWKS has a low relative strength, it was outperformed by 85.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SWKS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SWKS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SWKS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.48 | NEUTRAL | The RSI value for SWKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests SWKS has a negative trend. |
| Stochastics (14,3) | 9.23 | OVERSOLD | The low Stochastics value suggests SWKS may be oversold. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for SWKS suggests some volalility. |
| Average Directional Index/ADX (14) | 18.13 | NEGATIVE | The low ADX value for SWKS suggests a weak or negative trend. |
SWKS Technicals: Chart, Performance Metrics, Trend & Indicators
56.48
+0.2 (+0.36%)
SKYWORKS SOLUTIONS INC / SWKS FAQ
What is the technical rating for SWKS stock?
ChartMill assigns a technical rating of 0 / 10 to SWKS.
Can you provide the trend direction for SKYWORKS SOLUTIONS INC?
The current trend direction for SKYWORKS SOLUTIONS INC (SWKS) is Bearish.
Can you provide the RSI signal for SKYWORKS SOLUTIONS INC?
SKYWORKS SOLUTIONS INC (SWKS) has an RSI value of 36.4777. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SKYWORKS SOLUTIONS INC?
The MACD indicator for SKYWORKS SOLUTIONS INC (SWKS) has a value of -0.400998, indicating a bearish trend.
What is the short term momentum for SWKS stock?
The short term momentum for SKYWORKS SOLUTIONS INC (SWKS) is negative.