July 09, 2025 a 06:44 am
SWKS: Fibonacci Analysis - Skyworks Solutions, Inc.
SWKS: Fibonacci Analysis - Skyworks Solutions, Inc.
Skyworks Solutions, Inc. has witnessed a noticeable decline in its stock price in the past months, currently trading below its recent peak prices. Given the evolving semiconductor market dynamics and competitive pressures, careful technical analysis is warranted to identify possible support and resistance levels. The recent downtrend suggests potential for retracement opportunities or further market corrections.
Skyworks Solutions, Inc. has witnessed a noticeable decline in its stock price in the past months, currently trading below its recent peak prices. Given the evolving semiconductor market dynamics and competitive pressures, careful technical analysis is warranted to identify possible support and resistance levels. The recent downtrend suggests potential for retracement opportunities or further market corrections.
Fibonacci Analysis
| Trend Details | Value |
|---|---|
| Start Date | 2024-09-13 |
| End Date | 2025-07-08 |
| High Price | $102.47 on 2024-09-13 |
| Low Price | $55.98 on 2025-04-17 |
Fibonacci Retracement Levels
| Level | Price |
|---|---|
| 0.236 | $66.79 |
| 0.382 | $72.47 |
| 0.5 | $79.23 |
| 0.618 | $86.00 |
| 0.786 | $94.63 |
Current Price appears to be in the 0.236 retracement zone. This suggests potential temporary support as the market digests this retracement level.
Conclusion
Skyworks Solutions, Inc. is navigating through a challenging period with a noticeable downturn from its recent highs. The calculated Fibonacci levels suggest potential support zones, with the current price finding temporary stability around the 0.236 level. While the stock reflects a bearish sentiment in recent months, there's potential for upward correction if key support levels hold. However, investors should remain cautious of further declines and assess external market factors impacting the semiconductor industry.