SKYWORKS SOLUTIONS INC (SWKS) Stock Technical Analysis
NASDAQ:SWKS - Nasdaq - US83088M1027 - Common Stock - Currency: USD
Overall SWKS gets a technical rating of 6 out of 10. In the past year, SWKS was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month SWKS has a been trading in the 67.97 - 75.62 range, which is quite wide. It is currently trading near the high of this range.
SWKS has an average volume of 3662230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, SWKS turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
SWKS is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 40% of 110 stocks in the same industry.
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.
SWKS has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 74.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 73.55, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
68.26
113.97
We found 2 important support areas.
- A support zone ranging from 72.45 to 73.81. 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 68.95 to 69.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 74.80 to 74.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @85.66 from a trend line in the daily time frame.
- Resistance @112.84 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for SWKS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SWKS is up. |
| ChartMill Relative Strength | 46.17 | NEUTRAL | SWKS is not amongst the best or worst performers 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 | NEGATIVE | The current price of SWKS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.09 | NEUTRAL | The RSI value for SWKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests SWKS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.55 | OVERBOUGHT | The high Stochastics value suggests SWKS may be overbought. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for SWKS suggests some volalility. |
| Average Directional Index/ADX (14) | 14.81 | NEGATIVE | The low ADX value for SWKS suggests a weak or negative 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)
74.52
-0.28 (-0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.37%
1 Week3%
2 Weeks4.59%
1 Month7.95%
3 Month41.19%
6 Month-16.13%
12 Month-29.41%
2 Year-32.68%
3 Year-19.56%
5 Year-41.72%
10 Year-28.41%
15 Year343.84%
Volatility
ATR(14)1.57
ATR(20)%2.24%
ATR Inc-32.71%
Range Today1
ADR(20)1.56
ADR(20)%2.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.17
Mansfield-1.77
10 Day High75.17
10 Day Low70.75
20 Day High75.62
20 Day Low67.97
52 Week High120.86
52 Week Low47.93
CS1 End73.55
CR1 Start74.81
Volume & EV
DER(3)0%
DER(5)-0.03%
Volume1.85M
Volume Incr-34.53%
Vol(5)2.68M
Vol(50)3.66M