Skyworks Solutions Stock Technical Analysis

SWKS Stock  USD 97.62  0.85  0.86%   
As of the 19th of April, Skyworks Solutions has the Variance of 3.31, risk adjusted performance of (0.01), and Coefficient Of Variation of (4,060). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Skyworks Solutions, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to collect data for thirteen technical drivers for Skyworks Solutions, which can be compared to its competition. Please validate Skyworks Solutions market risk adjusted performance and treynor ratio to decide if Skyworks Solutions is priced more or less accurately, providing market reflects its prevalent price of 97.62 per share. Given that Skyworks Solutions has information ratio of (0.06), we advise you to double-check Skyworks Solutions's current market performance to make sure the company can sustain itself at a future point.

Skyworks Solutions Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Skyworks, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Skyworks
  
Skyworks Solutions' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Skyworks Solutions Analyst Consensus

Target PriceAdvice# of Analysts
120.21Buy31Odds
Skyworks Solutions current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Skyworks analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Skyworks stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Skyworks Solutions, talking to its executives and customers, or listening to Skyworks conference calls.
Skyworks Analyst Advice Details
Skyworks Solutions technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Skyworks Solutions technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Skyworks Solutions trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Skyworks Solutions Technical Analysis

Indicator
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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Skyworks Solutions volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Skyworks Solutions Trend Analysis

Use this graph to draw trend lines for Skyworks Solutions. You can use it to identify possible trend reversals for Skyworks Solutions as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Skyworks Solutions price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Skyworks Solutions Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Skyworks Solutions applied against its price change over selected period. The best fit line has a slop of   0.02  , which may suggest that Skyworks Solutions market price will keep on failing further. It has 122 observation points and a regression sum of squares at 11.41, which is the sum of squared deviations for the predicted Skyworks Solutions price change compared to its average price change.

About Skyworks Solutions Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Skyworks Solutions on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Skyworks Solutions based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Skyworks Solutions price pattern first instead of the macroeconomic environment surrounding Skyworks Solutions. By analyzing Skyworks Solutions's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Skyworks Solutions's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Skyworks Solutions specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2023 2024 (projected)
Dividend Yield0.02580.0270.0283
Price To Sales Ratio3.292.32.34

Skyworks Solutions April 19, 2024 Technical Indicators

Most technical analysis of Skyworks help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Skyworks from various momentum indicators to cycle indicators. When you analyze Skyworks charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Skyworks Solutions is a strong investment it is important to analyze Skyworks Solutions' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Skyworks Solutions' future performance. For an informed investment choice regarding Skyworks Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skyworks Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Skyworks Stock please use our How to Invest in Skyworks Solutions guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Skyworks Stock analysis

When running Skyworks Solutions' price analysis, check to measure Skyworks Solutions' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Skyworks Solutions is operating at the current time. Most of Skyworks Solutions' value examination focuses on studying past and present price action to predict the probability of Skyworks Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skyworks Solutions' price. Additionally, you may evaluate how the addition of Skyworks Solutions to your portfolios can decrease your overall portfolio volatility.
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Is Skyworks Solutions' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Skyworks Solutions. If investors know Skyworks will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Skyworks Solutions listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.25)
Dividend Share
2.6
Earnings Share
5.64
Revenue Per Share
29.133
Quarterly Revenue Growth
(0.1)
The market value of Skyworks Solutions is measured differently than its book value, which is the value of Skyworks that is recorded on the company's balance sheet. Investors also form their own opinion of Skyworks Solutions' value that differs from its market value or its book value, called intrinsic value, which is Skyworks Solutions' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Skyworks Solutions' market value can be influenced by many factors that don't directly affect Skyworks Solutions' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Skyworks Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Skyworks Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skyworks Solutions' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.