Skyworks Solutions (SWKS) : Traders are bullish on Skyworks Solutions (SWKS) as it has outperformed the S&P 500 by a wide margin of 2.04% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.93%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.87% in the last 1 week, and is up 5.46% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 1.24% and the 50-Day Moving Average is 1.26%. Skyworks Solutions Inc. has dropped 0.8% during the last 3-month period . Year-to-Date the stock performance stands at -13.35%.
Skyworks Solutions (NASDAQ:SWKS): On Fridays trading session , Opening price of the stock was $66.48 with an intraday high of $66.7. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $65.5. However, the stock managed to close at $66.02, a loss of 0.68% for the day. On the previous day, the stock had closed at $66.47. The total traded volume of the day was 1,576,995 shares.
Skyworks Solutions Inc. is engaged in the production of analog semiconductors. The Company supports automotive, broadband, wireless infrastructure, energy management, Global Positioning System (GPS), industrial, medical, military, wireless networking, smartphone and tablet applications. The Companys portfolio includes amplifiers, attenuators, circulators, demodulators, detectors, diodes, directional couplers, front-end modules, hybrids, infrastructure radio frequency (RF) subsystems, isolators, lighting and display solutions, mixers, modulators, optocouplers, optoisolators, phase shifters, phase locked loops (PLLs), synthesizers, voltage controlled oscillator power dividers (VCOs), power dividers/combiners, power management devices, receivers, switches, and technical ceramics. The Companys products include Front-end Modules and Amplifiers, Wireless Infrastructure, Power Management, Precision Analog Components, WiFi Connectivity, and Smart Energy.