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Stock Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Skechers U.S.A., Inc. (NYSE:SKX)

Long-Term Downtrend (-90) - SKX is in a strong downtrend that is likely to continue. While SKX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SKX?

MarketClub looks at technical strength and momentum to determine if the timing is right for SKX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_SKX
Open High Low SKX Price Change
56.70 56.77 56.67 56.69 +0.17
Entry Signal

MarketClub’s Trade Triangles for SKX

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 56.575

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 59.160

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 55.885

Smart Scan Analysis for SKX

Based on our trend formula, SKX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SKX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56.70 56.77 56.67 56.69 +0.17
Prev. Close Volume Bid Ask Time
56.52 10056 2024-04-18 09:31:00
Year High43.08Year High Date2018-04-17
Year Low23.8Year Low Date2018-07-20
52wk High65.167852wk High Date2024-01-22
52wk Low45.5852wk Low Date2023-10-27
Year End Close18.5Average Volume1,275,142
Shares Outstanding153,480Short Interest2,010,451
% Institutional71.6Market Cap5,718M
Assets754,735,100MLiabilities352,800,900M
P/E Ratio16.1948Beta0.6
Volatility54.41
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