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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.

Showing technical analysis as on 2024-08-20 View latest technical analysis

10 day averaged volume of Skechers U is 1666134

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	65.75	66.89	67.12	65.67	0.857 times
19 Mon Aug 2024	66.82	65.08	66.98	65.05	0.922 times
16 Fri Aug 2024	64.84	64.71	65.06	64.33	0.74 times
15 Thu Aug 2024	64.99	64.20	65.45	64.16	1.224 times
14 Wed Aug 2024	62.72	63.80	64.00	62.56	0.812 times
13 Tue Aug 2024	63.61	62.57	63.92	62.51	1.412 times
12 Mon Aug 2024	61.71	62.70	62.80	61.15	0.87 times
09 Fri Aug 2024	62.45	62.12	62.46	61.41	0.711 times
08 Thu Aug 2024	62.33	60.70	62.33	60.31	1.034 times
07 Wed Aug 2024	59.70	60.96	61.49	59.59	1.034 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 65.3, but if it comes below 65.3, then a intra day sell could be more profitable.
If you take a sell trade below 65.3, then use 65.3 as stoploss and 63.2 as target. However if you take a buy trade in stock , then use 65.3 as stoploss and 67.9 as target.

Share price targets for Skechers U (SKX)

Target Type	Value
Downside Target	55.67
Downside Target	59.42
Downside Target	61.15
Downside Target	62.46
Downside Target	65.05
Upside Target	66.70
Upside Target	67.12
Upside Target	69.07
Upside Target	69.64
Upside Target	71.52
Upside Target	75.09

Intraday share price targets for Skechers U (SKX)

Target Type	Value
Downside Intraday Target	64.83
Downside Intraday Target	63.9
Upside Intraday Target	66.9
Upside Intraday Target	68.04
Upside Intraday Target	65.97

Weekly technical analysis of Skechers U (SKX)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	65.75	65.08	67.12	65.05	0.352 times
16 Fri Aug 2024	64.84	62.70	65.45	61.15	0.856 times
09 Fri Aug 2024	62.45	57.35	62.46	56.71	0.999 times
02 Fri Aug 2024	59.45	65.09	65.88	59.42	0.624 times
26 Fri Jul 2024	64.72	64.46	66.11	63.00	1.513 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
20 Tue Aug 2024	65.75	64.90	67.12	56.71	0.534 times
31 Wed Jul 2024	65.13	69.35	69.64	63.00	1.165 times
28 Fri Jun 2024	69.12	71.64	75.09	66.70	1.392 times
31 Fri May 2024	71.42	65.76	71.52	65.06	0.632 times

Scroll below to view daily charts

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)

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 coming down

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 63.49 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 negative.

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