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Stock Trend Analysis Report

Prepared for you on Friday, November 22, 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
59.670 61.110 59.400 61.025 +1.255
Entry Signal

MarketClub’s Trade Triangles for SKX

long term down The long-term trend has been DOWN since Aug 1st, 2024 at 63.000

intermediate term down The intermediate-term trend has been DOWN since Sep 10th, 2024 at 65.045

short term down The short-term trend has been DOWN since Nov 12th, 2024 at 60.800

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
59.670 61.110 59.400 61.025 +1.255
Prev. Close Volume Bid Ask Time
61.010 1106439 2024-11-21 15:59:42
Year High43.08Year High Date2018-04-17
Year Low23.8Year Low Date2018-07-20
52wk High75.0952wk High Date2024-06-12
52wk Low54.852wk Low Date2023-11-22
Year End Close18.5Average Volume2,334,124
Shares Outstanding150,972Short Interest2,010,451
% Institutional71.6Market Cap5,718M
Assets797,495,100MLiabilities375,366,700M
P/E Ratio16.0241Beta0.6
Volatility54.41
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