Stock Trend Analysis Report
Prepared for you on Thursday, October 29, 2020.
Skechers USA, Inc (NYSE:SKX)
Countertrend Up (+85) - SKX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for SKX
The long-term trend has been UP since Jun 3rd, 2020 at 34.10
The intermediate-term trend has been UP since Oct 8th, 2020 at 33.49
The short-term trend has been DOWN since Oct 29th, 2020 at 33.33
Smart Scan Analysis for SKX
Based on our trend formula, SKX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||43.08||Year High Date||2018-04-17|
|Year Low||23.8||Year Low Date||2018-07-20|
|52wk High||44.5||52wk High Date||2020-02-07|
|52wk Low||17.06||52wk Low Date||2020-03-18|
|Year End Close||18.5||Average Volume||1,156,389|
|Shares Outstanding||157,873||Short Interest||2,010,451|
|% Institutional||71.6||Market Cap||5,718M|