Question 1

What implications does the 10-day RSI indicator have for SWKS?

Accepted Answer

The RSI Oscillator for SWKS moved out of oversold territory on August 08, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 28 similar instances when the indicator left oversold territory. In 17 of the 28 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

What does the Stochastic Oscillator suggest about SWKS's trend?

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Question 3

How did SWKS's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 15, 2024. You may want to consider a long position or call options on SWKS as a result. In 65 of 96 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for SWKS?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for SWKS just turned positive on August 19, 2024. Looking at past instances where SWKS's MACD turned positive, the stock continued to rise in 32 of 51 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What is the significance of the 50-day moving average indicator for SWKS?

Accepted Answer

SWKS moved above its 50-day moving average on August 15, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

What is the significance of the 10-day moving average indicator for SWKS?

Accepted Answer

The 10-day moving average for SWKS crossed bearishly below the 50-day moving average on August 12, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 9 of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 0%.

Question 7

What does a 3-day decline signify for SWKS's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SWKS declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 71%.

Question 8

What does SWKS breaking above its upper Bollinger Band indicate?

Accepted Answer

SWKS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 9

How does the Aroon Indicator reflect on SWKS's trend?

Accepted Answer

The Aroon Indicator for SWKS entered a downward trend on August 16, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

SWKS Stock Skyworks Solutions (SWKS, $92.51) RSI Indicator left the oversold zone on May 03, 2024

SWKS's RSI Indicator ascends from oversold territory

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