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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.

Open High Low SKX Price Change
48.19 48.37 47.33 47.66 -0.14
Entry Signal

MarketClub’s Trade Triangles for SKX

long term down The long-term trend has been DOWN since Aug 22nd, 2023 at 49.7821

intermediate term down The intermediate-term trend has been DOWN since Aug 18th, 2023 at 50.7810

short term down 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).

Smart Scan Analysis for SKX
Strong Downtrend Sideways 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 High43.08Year High Date2018-04-17
Year Low23.8Year Low Date2018-07-20
52wk High56.53152wk High Date2023-07-31
52wk Low31.2852wk Low Date2022-09-30
Year End Close18.5Average Volume1,950,414
Shares Outstanding154,754Short Interest2,010,451
% Institutional71.6Market Cap5,718M
P/E Ratio18.1749Beta0.6
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