The Chart of the Day belongs to Skyworks Solutions (SWKS). I found the semiconductor stock by using Barchart to sort the S&P 500 Large Cap Index stocks for the stocks with the highest Weighted Alpha, then used the Flipchart feature to review the charts,
Skyworks Solutions, Inc. is the industry's leading wireless semiconductor company focused on radio frequency (RF) and complete semiconductor system solutions for mobile communications applications.
The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report
Barchart technical indicators:
- 8% Barchart technical buy signals
- Trend Spotter hold signal
- Below its 20 day moving average but above its 50 and 100 DMA
- 64 new highs and up 119.03% in the last year
- Relative Strength Index 47.03%
- Barchart computes a technical support level at 101.01
- Recently traded at 104.57 with a 50 day moving average of 102.72
Fundamental facotrs:
- Market Cap $19.93 billion
- P/E 26.90
- Dividend yield .50%
- Revenue expected to grow 41.20% this year and another 12.80% next year
- Earnings estimated to increase 58.00% this year, an additional 15.80% next year and continue to compound at an annual rate of 21.28% for the next 5 years
- Wall Street analysts issued 6 strong by, 12 buy and 4 hold recommendations on the stock
The 20-100 Day MACD Oscillator has been a reliable technical trading strategy for this stock.
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