Skyworks Solutions Inc (SWKS)
Skyworks Solutions, Inc. is an American semiconductor company headquartered in Irvine, California, United States. Skyworks manufactures semiconductors for use in Radio Frequency (RF) and mobile communications systems.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 49.05% per annum.
- SWKS price at the close of March 28, 2025 was $64.12 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 51.56% per annum.
- SWKS price at the close of March 28, 2025 was lower than the bottom border of the secondary price channel by $1.21 (1.86%). This indicates a possible reversal in the secondary trend direction.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of SWKS price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: July 8, 2024
End date: March 28, 2025
a = 7.6076
b = -0.0018
s = 0.0723
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0018) – 1
= -49.05%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0723) – 1
= 33.52%
July 8, 2024 calculations
Top border of price channel:
Exp(Y1,073)
= Exp(a + b × X1,073 + 2 × s)
= Exp(a + b × 1,560 + 2 × s)
= Exp(7.6076 + -0.0018 × 1,560 + 2 × 0.0723)
= Exp(4.8698)
= $130.29
Bottom border of price channel:
Exp(Y1,073)
= Exp(a + b × X1,073 – 2 × s)
= Exp(a + b × 1,560 – 2 × s)
= Exp(7.6076 + -0.0018 × 1,560 – 2 × 0.0723)
= Exp(4.5807)
= $97.58
March 28, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(7.6076 + -0.0018 × 1,823 + 2 × 0.0723)
= Exp(4.3838)
= $80.14
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(7.6076 + -0.0018 × 1,823 – 2 × 0.0723)
= Exp(4.0947)
= $60.02
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 49.05% per annum.
- SWKS price at the close of March 28, 2025 was $64.12 and was inside the primary price channel.
Secondary Trend
Start date: February 6, 2025
End date: March 28, 2025
a = 2.1567
b = 0.0011
s = 0.0270
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0011) – 1
= 51.56%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0270) – 1
= 11.42%
February 6, 2025 calculations
Top border of price channel:
Exp(Y1,220)
= Exp(a + b × X1,220 + 2 × s)
= Exp(a + b × 1,773 + 2 × s)
= Exp(2.1567 + 0.0011 × 1,773 + 2 × 0.0270)
= Exp(4.2307)
= $68.77
Bottom border of price channel:
Exp(Y1,220)
= Exp(a + b × X1,220 – 2 × s)
= Exp(a + b × 1,773 – 2 × s)
= Exp(2.1567 + 0.0011 × 1,773 – 2 × 0.0270)
= Exp(4.1226)
= $61.72
March 28, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(2.1567 + 0.0011 × 1,823 + 2 × 0.0270)
= Exp(4.2877)
= $72.80
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(2.1567 + 0.0011 × 1,823 – 2 × 0.0270)
= Exp(4.1795)
= $65.33
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 51.56% per annum.
- SWKS price at the close of March 28, 2025 was lower than the bottom border of the secondary price channel by $1.21 (1.86%). This indicates a possible reversal in the secondary trend direction.