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SWKS — 20-Day Breakout with Volume
Status: Invalidated
Scanner score: 75.0/100
Why this was flagged
SWKS was identified as a bullish technical setup based on the 20-Day Breakout with Volume pattern. The scanner found a score of 75.0/100 using trend alignment, momentum, price action, volume, and risk-management rules. Monitor update: Latest stored daily low of 74.7900 reached or fell below stop loss 78.6403.
Trade framework
Position-sizing example
These examples use the distance between the reference entry and stop-loss. They do not account for commissions, slippage, taxes, overnight gaps, or your personal account size.
Exit plan
- Stop-loss: Exit if the stop-loss is reached. Do not move the stop farther away to avoid taking the planned loss.
- Target 1: Consider taking partial profit when Target 1 is reached and reducing risk on the remaining shares.
- Target 2 or trailing exit: Consider closing the remaining position at Target 2, or use a disciplined trailing stop only if the trend remains strong.
- Time exit: Reassess or close a trade that fails to progress within the suggested holding window.
Technical chart
Daily closing price with moving averages and planned trade levels. This chart is a screening aid, not a guarantee of future results.
$1,000 educational outcome examples
These examples use a $1,000 position and fractional shares at the midpoint of the entry zone. Actual results can differ because of market gaps, fills, spreads, commissions, taxes, slippage, and changing conditions.
Easy explanation for new investors
The scanner flagged Skyworks Solutions Inc. (SWKS) for a pattern called the "20-Day Breakout with Volume." This happens when a stock price moves higher than it has in the last month. The scanner also checked the trading volume, which is just the number of shares bought and sold. On that day, trading was more than twice as busy as normal. This suggests many people were interested in the stock. The scanner gave this setup a score of 75 out of 100. It looked at trends, momentum, and risk rules to reach this number. The stock was above several important moving averages, which are lines that track average prices over time. This alignment usually signals strength in the market direction.
What the price plan means
The plan suggested entering the trade between $84.03 and $84.93. If the stock fell below $78.64, the plan would be considered wrong, and you would exit. This limit is called a stop-loss. It helps you manage money carefully. The first goal was $94.81, and the second was $100.20. The reward-to-risk ratio was 2. This means for every dollar you might lose, you aimed to make two dollars. However, the stock price recently hit a low of $74.79. This number is lower than the $78.64 limit. Because of this, the scanner marks the idea as "invalidated." This means the specific setup no longer works.
What could make the idea fail
The main reason this idea failed is the recent price drop. The stock went below the safety limit. When a stock breaks its stop-loss level, the original plan does not apply. Also, the momentum indicator, called RSI, was very high at 83.45. A high RSI can mean the stock price moved up very fast. Fast moves can sometimes slow down or reverse. Since the stock already fell past the stop-loss, the plan is no longer valid.
Important reminder
This summary explains the scanner's math, not a financial advice. Stock prices can change quickly. Always check current prices before making any decisions. The status shows this specific setup has expired.
Recent news context
This automated review is separate from the technical score. It summarizes recent related articles and does not predict price movement.
Overall context: Caution (Moderate confidence)
Skyworks Solutions shares are trading near $84.03 amid a pending merger with Qorvo, which has seen significant stock surges due to regulatory review optimism. However, the deal faces uncertainty regarding final regulatory clearance, with CEO targets indicating a year-end close that has not yet occurred. While recent market coverage suggests the stock may be undervalued based on financial metrics, it has underperformed some competitors recently. The broader semiconductor sector shows mixed signals, with peers facing analyst 'Hold' ratings due to revenue declines and insider selling, suggesting potential sector headwinds despite individual company strengths.
Potentially supportive context
- Stock surged 10% recently as investors priced in optimism for the Skyworks-Qorvo merger conclusion.
- The company was recently described as 'modestly undervalued' with a GF Score of 80/100 indicating strong financial health.
- Recent technical indicators show a 20-day breakout with volume, suggesting increasing momentum.
Risks and caution items
- Merger completion is pending regulatory review, introducing uncertainty despite management's target for a year-end close.
- The stock recently underperformed competitors even during days of relative market resilience.
- Peer Qorvo, involved in the same transaction, carries a consensus 'Hold' rating due to revenue declines and significant insider selling.
- General caution is advised due to mixed sentiment from market analysts regarding the company's growth rank.
Latest reviewed article: Sep 10, 2026 4:47 pm
Recent related articles
Skyworks Solutions (SWKS) and Qorvo (QRVO) saw significant stock surges of 10% and 6% respectively, while the broader semiconductor market experienced a decline. This divergence suggests that the market is pricing in increased optimism for their proposed merger, as Skyworks' CEO Phil…
Amkor Technology is significantly expanding its chip packaging campus in Peoria, Arizona, with the project's total investment now estimated at $12 billion, six times its initial 2023 announcement. This expansion, driven by high customer demand, will add 60,000 square meters of cleanroom…
Cantor Fitzgerald reiterated an Overweight rating and $125 price target for Microchip Technology (NASDAQ:MCHP), citing strengthening cyclical trends in the analog semiconductor sector. Despite soft end-demand in non-AI markets, AI is driving recovery, with 16 analysts revising earnings upwards and revenue projected…
IonQ Inc. has launched Superion 256, a 256-qubit quantum computer designed for volume production using control chips made on standard semiconductor lines. This sixth-generation system, built on a platform intended for future models, uses chips fabricated by SkyWater Technology Inc. and incorporates…
Skyworks Solutions Inc. (SWKS) shares rose 1.84% on Tuesday, closing at $75.38, despite a broader market downturn where the S&P 500 fell 0.58% and the Dow Jones Industrial Average dropped 1.18%. Despite its daily gains, the stock underperformed when compared to its…
The Public Employees Retirement System of Ohio has made a new investment in Qorvo, Inc. (NASDAQ:QRVO), purchasing 26,067 shares valued at approximately $2.43 million during the second quarter. This move comes as institutional investors collectively own a significant 88.6% of the semiconductor…
Analysts have issued a consensus "Hold" recommendation for Qorvo, Inc. (NASDAQ:QRVO), with an average 12-month price target of $94, below its current share price. Despite beating EPS estimates, the company's revenue declined year-over-year, and investor sentiment is mixed due to extended merger…
Skyworks Solutions, Inc. (SWKS) announced it will participate in the Goldman Sachs Communacopia and Technology Conference. The company's President and CEO, Liam K. Griffin, is scheduled to present on September 12, 2023, at 10:45 a.m. PDT. A live webcast of the presentation…
Important: Some returned articles may describe competitors, industry conditions, or related companies. Open the source before relying on an article.
Scanner confirmations
- Price is above the 20-, 50-, and 200-day moving averages, with bullish moving-average alignment.
- Current volume is at least 1.25x the 20-day average volume.
- Price closed above the prior 20-day high with above-average volume.