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Stock Trend Analysis Report
Prepared for you on Saturday, September 23, 2023.
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.
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MarketClub’s Trade Triangles for SKX
The long-term trend has been DOWN since Aug 22nd, 2023 at 49.7821
The intermediate-term trend has been DOWN since Aug 18th, 2023 at 50.7810
The short-term trend has been DOWN since Sep 13th, 2023 at 48.5900
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 48.19 | 48.37 | 47.33 | 47.66 | -0.14 |
| Prev. Close | Volume | Bid | Ask | Time |
| 47.65 | 1268562 | 2023-09-22 15:59:58 |
| Year High | 43.08 | Year High Date | 2018-04-17 |
| Year Low | 23.8 | Year Low Date | 2018-07-20 |
| 52wk High | 56.531 | 52wk High Date | 2023-07-31 |
| 52wk Low | 31.28 | 52wk Low Date | 2022-09-30 |
| Year End Close | 18.5 | Average Volume | 1,950,414 |
| Shares Outstanding | 154,754 | Short Interest | 2,010,451 |
| % Institutional | 71.6 | Market Cap | 5,718M |
| Assets | 704,447,100M | Liabilities | 332,962,000M |
| P/E Ratio | 18.1749 | Beta | 0.6 |
| Volatility | 54.41 |