SWKS stock: buy or sell

SWKS stock price: $165.45 2.01% At close on May 14th, 2021

Updated on:
May 17th, 2021

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SWKS stock brief

  • Skyworks Solutions closed last Friday at $165.45 after climbing a 2.01%.
  • The stock is configuring an uptrend pattern since November 2020, when it bottomed at $133.92. This rally marked a 23.54% gain

Should I buy Skyworks Solutions stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $SWKS stock a buy?

Currently, Skyworks Solutions stock matches one trading strategy:

Uptrend buy setup

Skyworks Solutions stock is in an uptrend since in November 2020 that so far marked a gorgeous 24.00% gain. Price marked a local bottom in this uptrend at $160.21 last Tuesday, and since then it bounced off a 3.27%. Breaking out over $204.00 - it's last top - will be a good entry point if Skyworks Solutions resumes the uptrend. If you decide to enter this trade, the suggested stop loss is at $183.60

Buy setupBuy pointStop lossRisk
Uptrend buy setup$204.00$183.6010.00%

Should I sell Skyworks Solutions stock?

"To sell or not to sell", if you are holding Skyworks Solutions shares?. Trading strategies give us the ability us to avoid impulsive decisions based on our moods or the noise surrounding the market. We like very simple setups to guide us on when is the best time to sell a stock. Be aware that these setups should not be used for shorting $SWKS stock

A guiding principle is that you must never keep a trading operation that yields greater losses than those expected upon the buy. When to sell your stock should always be determined by the stop-loss (automatic or manual)

Is it time to sell Skyworks Solutions stock?

In the current situation of Skyworks Solutions there is not any eligible sell setup, so Skyworks Solutions stock holders with operations in profit can keep their positions

Skyworks Solutions ratings

In the last 30 days, 9 ratings were published for Skyworks Solutions. General sentiment is bullish, with 7 out of 9 posting positive forecasts

Skyworks Solutions analysts' ratings - Last 30 days
Brokerage firmRating
Apr 23rd, 2021
B. Riley Strong buy
Apr 30th, 2021
Craig Hallum Strong buy
Mizuho Strong buy
Morgan Stanley
Raymond James Buy
May 6th, 2021
Craig Hallum Strong buy
Mizuho Strong buy
Morgan Stanley
Raymond James Buy

Skyworks Solutions stock analysis

Since in November 2020, Skyworks Solutions has been drawing an uptrend that so far marked an amazing 23.54%. The price shows higher peaks and higher lows, and along the way provided some buying opportunities for those who wanted to enter. Latest pullback was last Tuesday, when price bounced at $160.21. Currently, the price swings in a consolidation between its last top ($204.00) and its last bottom ($160.21)

SMAs overview

SWKS stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $195.82 (18.36% above)
  • R2: $204.00 (23.30% above)
  • The current support levels are:

  • S1: $160.21 (-3.17% below)
  • S2: $159.54 (-3.57% below)
  • S3: $157.63 (-4.73% below)
  • Bollinger bands

    Since the price broke down the lower band last Wednesday, the price rebounded by 2.99%

    SWKS stock Bollinger Bands chart

    Relative strength index

    The has been between the the levels of 30 and 70 for several weeks, and therefore, without this indicator really being helpful in making any decisions.

    SWKS stock RSI chart

    Skyworks Solutions stock price history

    Skyworks Solutions went public priced at an adjusted price1 of $5.41 on Sep 1984. Since then, SWKS stock has risen by 2,958.23%, with an average of 82.17% per year. An investment of $1,000USD on the IPO would worth $30,582.26 nowadays.

    1: Adjusted price after possible price splits or reverse-splits

    SWKS stock price history chart

    Price target for Skyworks Solutions stock

    Nobody can predict how much a stock will be priced tomorrow. Banks and financial organisations issue their analysis forecasting how a particular stock will performance in the future.

    The following table shows the price predictions published by financial institutions in the last month. Again, these targets are not direct recommendations for individual traders and should not be trusted blindly.

    There are 9 price forecasts posted for Skyworks Solutions that average $210.44. Skyworks Solutions closed at $165.45 last Friday, so the target price is forecasting a growth by 27.19%.

    Skyworks Solutions stock price predictions
    Brokerage firmPrice target
    Apr 23rd, 2021
    B. Riley $225.00$230.00
    Apr 30th, 2021
    Craig Hallum $220.00$210.00
    Mizuho $207.00$210.00
    Morgan Stanley $188.00$192.00
    Raymond James $205.00$220.00
    May 6th, 2021
    Craig Hallum $220.00$210.00
    Mizuho $207.00$210.00
    Morgan Stanley $188.00$192.00
    Raymond James $205.00$220.00

    Earnings and financials

    Skyworks Solutions ($SWKS) had the financial call and presented the report in late April. Analysts were accurate in their expectations on Skyworks Solutions's which reported $2.37 per share. Likewise, reported revenues of $1.2 billion were in line with analysts estimates.

    This compares to Earnings of $1.34 per share a year ago, so reported EPS means a gain of 76.87%. Looking at revenue, figures exploded a 52.96% compared to $7.7B same quarter last year.

    SWKS ($SWKS) is hosting the quarterly earnings call next July. Expected for this quarter is $2.14, compared to $2.37 that was reported for Q2.

    Skyworks Solutions performance

    SWKS performance compared
    Company1m3m6m
    Skyworks Solutions ($SWKS) -13.10% -13.50% 15.70%

    Please read:
    The viewpoints written in this post are personal and not recommendations for you to buy or sell stocks. The author of this report does not have any knowledge of the individual conditions of the reader, his or her own financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Viewpoints are provided for general educational reasons only

    SWKS summary

    Friday, May 14th, 2021
    Open$164.77
    Close$165.45
    Day range$163.26 - $167.23
    Previous close$162.19
    Session gain2.01%
    Average true range$9.53
    50d mov avg$180.59
    100d mov avg$174.83
    200d mov avg$158.94
    Earnings dateJuly 22nd, 2021

    Frequently asked questions

    What is Skyworks Solutions stock symbol?

    Skyworks Solutions, Inc. is a public company trading in the US stock market with the SWKS symbol

    Is Skyworks Solutions stock a buy or sell?

    Skyworks Solutions received 9 ratings in the last 30 days: 7 bullish, 0 bearish and 0 neutral.

    Will SWKS go up?

    Skyworks Solutions had different price forecasts posted by analysts in the last month forecasting the target price to $210.44. That is a 27.19% than the current price ($165.45).