SKYWEST INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	SKYW
ISIN:

SKYWEST INC. - Daily - Technical analysis published on 07/24/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

33%

28%

39%

My opinion

Bullish above 60.30 USD

My targets

65.30 USD (+6.66%)

My analysis

SKYWEST INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 60.30 USD. The next resistance located at 65.30 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Bastien Huneau. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The SKYWEST INC. price is 61.22 USD. The price registered an increase of +1.24% on the session and was traded between 60.56 USD and 61.56 USD over the period. The price is currently at +1.09% from its lowest and -0.55% from its highest.

60.56

61.56

61.22

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by SKYWEST INC.:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of SKYWEST INC. in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

On the 18 technical indicators analysed, 6 are bullish, 7 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Support of channel is broken

Type : Bearish

Timeframe : Daily

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Bullish harami

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	49.75	56.16	60.30	61.22	65.30
Change (%)	-18.74%	-8.27%	-1.50%	-	+6.66%
Change	-11.47	-5.06	-0.92	-	+4.08
Level	Minor	Major	Major	-	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	58.60	59.09	59.78	60.27	60.96	61.45	62.14
Camarilla	60.15	60.25	60.36	60.47	60.58	60.69	60.80
Woodie	58.70	59.14	59.88	60.32	61.06	61.50	62.24
Fibonacci	59.09	59.54	59.82	60.27	60.72	61.00	61.45

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	56.62	58.10	58.83	60.31	61.04	62.52	63.25
Camarilla	58.96	59.17	59.37	59.57	59.77	59.98	60.18
Woodie	56.26	57.91	58.47	60.12	60.68	62.33	62.89
Fibonacci	58.10	58.94	59.46	60.31	61.15	61.67	62.52

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	51.38	53.69	57.18	59.49	62.98	65.29	68.78
Camarilla	59.08	59.61	60.14	60.67	61.20	61.73	62.27
Woodie	51.97	53.99	57.77	59.79	63.57	65.59	69.37
Fibonacci	53.69	55.91	57.27	59.49	61.71	63.07	65.29

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	54.26
MACD (12,26,9):	0.2700
Directional Movement:	6.10
AROON (14):	-50.00
DEMA (21):	60.84
Parabolic SAR (0,02-0,02-0,2):	62.83
Elder Ray (13):	0.46
Super Trend (3,10):	57.77
Zig ZAG (10):	61.22
VORTEX (21):	1.0700
Stochastique (14,3,5):	22.19
TEMA (21):	60.84
Williams %R (14):	-56.92
Chande Momentum Oscillator (20):	-1.09
Repulse (5,40,3):	0.8700
ROCnROLL:	1
TRIX (15,9):	0.0800
Courbe Coppock:	1.97

MA7:	60.50
MA20:	60.43
MA50:	59.86
MA100:	57.96
MAexp7:	60.64
MAexp20:	60.46
MAexp50:	59.75
MAexp100:	58.30
Price / MA7:	+1.19%
Price / MA20:	+1.31%
Price / MA50:	+2.27%
Price / MA100:	+5.62%
Price / MAexp7:	+0.96%
Price / MAexp20:	+1.26%
Price / MAexp50:	+2.46%
Price / MAexp100:	+5.01%

News

The latest news and videos published on SKYWEST INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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