Taking everything into account, SWKS scores 1 out of 10 in our technical rating. SWKS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, SWKS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for SWKS in the last couple of days, which is a good sign.
61.54
We found 2 important support areas.
When analyzing the resistance we notice 4 important areas.
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 | 13.71 | NEGATIVE | SWKS has a low relative strength, it was outperformed by 86.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SWKS is below the rising 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) | 38.56 | NEUTRAL | The RSI value for SWKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests SWKS has a negative trend. |
| Stochastics (14,3) | 9.63 | OVERSOLD | The low Stochastics value suggests SWKS may be oversold. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for SWKS suggests some volalility. |
| Average Directional Index/ADX (14) | 16.94 | NEGATIVE | The low ADX value for SWKS suggests a weak or negative trend. |
64.51
+0.03 (+0.05%)
ChartMill assigns a technical rating of 1 / 10 to SWKS.
The current trend direction for SKYWORKS SOLUTIONS INC (SWKS) is Bearish.
SKYWORKS SOLUTIONS INC (SWKS) has an RSI value of 38.5552. This indicates that the stock is currently neutral.
The MACD indicator for SKYWORKS SOLUTIONS INC (SWKS) has a value of -0.111874, indicating a bearish trend.
The buy/sell signal for SKYWORKS SOLUTIONS INC (SWKS) is sell as both the short term and long term trends are negative.