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Asset Summary

Daily Performance Report for SWKS ETF: Nov 16, 2024

Summary: The day started with SWKS ETF opening at $84.1 and closing at $84.05. The ETF showed weakness throughout the day, with the highest price observed at $84.1 and the lowest at $84.05. The underlying asset had a trading range of $0.05 Overall, it was a negative trading day for SWKS ETF, reflecting investor pessimism and market activity.

Change in Closing Price: There was a net decrease of $-0.05 or -0.06% in the closing price from the opening to the closing price over the day.

Volume Analysis: Trading volume for SWKS ETF was 514 units during Nov 16, 2024, indicating active market participation and investor interest.

Opening Price: The day started at $84.1.

Highest Price: The highest price observed during the day was $84.1.

Lowest Price: The lowest price observed during the day was $84.05.

Closing Price: The day ended at $84.05.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

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Frequently Asked Questions

Skyworks engages with investors through quarterly earnings calls, investor presentations, and annual reports.

The 5G market is crucial for Skyworks as it offers significant growth opportunities through demand for advanced wireless technologies.

Skyworks offers a wide range of products, including power amplifiers, filters, and RF components.

Skyworks provides technical support, design resources, and collaborative engineering services to its customers.

Skyworks has a history of paying dividends and aims to return value to shareholders through regular payouts.

Skyworks invests heavily in research and development to foster innovation and maintain competitive advantage.

Main competitors include Qorvo, Broadcom, and Qualcomm.

Recent developments include new product launches and partnerships to support 5G and IoT technologies.

Yes, Skyworks Solutions is publicly traded on the NASDAQ under the ticker symbol SWKS.

Skyworks focuses on expanding its product portfolio, entering new markets, and enhancing its technology capabilities.

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