Technical Analysis for SKX - Skechers U.S.A., Inc.

Grade Last Price % Change Price Change
C 67.53 -2.30% -1.59
SKX closed down 2.3 percent on Monday, July 1, 2024, on approximately normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Stochastic Reached Oversold Weakness 0.00%
Inside Day Range Contraction 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 6 hours ago
Down 2 % about 8 hours ago
60 Minute Opening Range Breakdown about 9 hours ago
50 DMA Support about 10 hours ago
Fell Below 50 DMA about 10 hours ago

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Profile

Skechers U.S.A., Inc. Description

Skechers U.S.A., Inc. engages in the design, development, marketing, and distribution of footwear for men, women, and children. It operates through four segments: Domestic Wholesale Sales, International Wholesale Sales, Retail Sales, and E-commerce Sales. The company offers various footwear comprising casuals, such as boots, shoes, and sandals for men, as well as oxfords and slip-ons, lug outsole and fashion boots, and casual sandals for women; dress casuals, and seasonal sandals and boots for men and women; and relaxed fit casuals for men under the Skechers USA brand. It also provides city and off-road wear, footwear for joggers, athletic footwear, and sport sandals and boots under the Skechers Sport brand; sneakers for females under the Skechers Active brand; alpagarta-inspired footwear under the BOBS from Skechers name; low-top sneakers and boots under the SKCH+3 name for 20 to 34 year old women; and juniors footwear under the Daddy's Money name. In addition, the company offers boots, shoes, sneakers, sandals, and skimmers for infants, toddlers, boys, and girls primarily under the Skechers Kids brand. Further, it provides men's and women's casuals, field boots, hikers, and athletic shoes under the Skechers Work brand; sneakers for men and women under the Shape-ups Liv by Skechers name; technical footwear under the Skechers Performance brand; and footwear designed for running, walking, trail running, gym, and golf course. The company sells its products through its e-commerce Website and retail stores; and through department and specialty stores, athletic and independent retailers, boutiques, and catalog and Internet retailers. As of February 15, 2013, it operated 116 concept stores, 118 factory outlet stores, and 61 warehouse outlet stores in the United States; and 36 concept stores and 18 factory outlets internationally. The company was founded in 1992 and is headquartered in Manhattan Beach, California.


Classification

Sector: Consumer Cyclical
Industry: Footwear & Accessories
Keywords: Retail Store Clothing E Commerce Outlet Store Footwear Shoe Athletic Footwear Retail Sales Consumer Goods Sandal Internet Retailer Sneakers

Is SKX a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 75.09
52 Week Low 45.58
Average Volume 1,930,312
200-Day Moving Average 59.65
50-Day Moving Average 68.59
20-Day Moving Average 71.99
10-Day Moving Average 71.68
Average True Range 1.77
RSI (14) 37.50
ADX 32.75
+DI 19.01
-DI 31.84
Chandelier Exit (Long, 3 ATRs) 69.79
Chandelier Exit (Short, 3 ATRs) 72.00
Upper Bollinger Bands 75.71
Lower Bollinger Band 68.27
Percent B (%b) -0.1
BandWidth 10.34
MACD Line 0.34
MACD Signal Line 1.19
MACD Histogram -0.8554
Fundamentals Value
Market Cap 9.02 Billion
Num Shares 134 Million
EPS 3.49
Price-to-Earnings (P/E) Ratio 19.35
Price-to-Sales 1.12
Price-to-Book 2.26
PEG Ratio 1.19
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 70.80
Resistance 3 (R3) 71.14 70.39 70.26
Resistance 2 (R2) 70.39 69.56 70.22 70.07
Resistance 1 (R1) 68.96 69.04 68.59 68.62 69.89
Pivot Point 68.21 68.21 68.02 68.04 68.21
Support 1 (S1) 66.78 67.38 66.41 66.44 65.17
Support 2 (S2) 66.03 66.86 65.86 64.99
Support 3 (S3) 64.60 66.03 64.81
Support 4 (S4) 64.26