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(SKX) Skechers U complete technical analysis [charts+indicators] | Buy/Sell Skechers U | (SKX) share price targets

Complete technical analysis of Skechers U (SKX) by charts plus indicators, forecast predictions and share price targets for Skechers U (SKX)

Skechers U trades in USA in Consumer Non Durables sector.

10 day averaged volume of Skechers U is 1253276

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 68.42 68.32 68.94 68.32 0.64 times
16 Thu May 2024 68.25 69.25 69.80 68.20 0.774 times
15 Wed May 2024 69.37 69.00 69.47 68.84 0.872 times
14 Tue May 2024 69.00 69.10 69.69 68.40 0.969 times
13 Mon May 2024 68.24 68.14 68.99 68.04 0.855 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 69.1 as stoploss in an intra day sell trade for a target of 65.56. However, stock will show a bullish move above 69.1.

Share price targets for Skechers U (SKX)

Target Type Value
Downside Target 55.67
Downside Target 58.38
Downside Target 62.85
Downside Target 66.18
Downside Target 67.25
Downside Target 68.04
Upside Target 68.50
Upside Target 69.07
Upside Target 69.80

Intraday share price targets for Skechers U (SKX)

Target Type Value
Downside Intraday Target 67.71
Downside Intraday Target 66.99
Upside Intraday Target 69.47
Upside Intraday Target 70.51
Upside Intraday Target 68.75

Weekly technical analysis of Skechers U (SKX)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 68.42 68.14 69.80 68.04 0.698 times
10 Fri May 2024 67.78 67.55 68.50 66.18 0.827 times
03 Fri May 2024 67.10 66.00 67.25 65.04 0.546 times
26 Fri Apr 2024 65.41 56.76 69.07 56.76 1.356 times
19 Fri Apr 2024 56.41 57.21 58.38 55.67 1.932 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Skechers U (SKX)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 68.42 65.76 69.80 65.06 0.364 times
30 Tue Apr 2024 66.05 61.85 69.07 55.67 1.666 times
28 Thu Mar 2024 61.26 61.96 62.85 59.16 0.64 times
29 Thu Feb 2024 61.81 62.92 64.00 56.58 1.597 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Skechers U (SKX)

Indicator Name Indicator Value Indicator Signal
ADX 35, 12, 51 Buy
MACD 4, 4Buy
Stochastics 71Buy
CCI 46Sell
RSI 59Buy
OBV 5338654Sell
VWAP 68Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Skechers U ( (SKX) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Skechers U ( (SKX) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Skechers U ( (SKX) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Skechers U ( (SKX) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Skechers U stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Skechers U in short term and the buy signal is strong.

Skechers U Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Skechers U in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Skechers U is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 67.73 and Skechers U (SKX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Skechers U (SKX) stock. Volume based technical analysis of Skechers U (SKX) stock is negative.

Skechers U Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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