$Skyworks Solutions(SWKS)$
Skyworks Solutions, Inc.(SWKS) Up +3.25%: Defensive Rebound to $61, Consolidation Phase in Play
Latest Close Data
Closed at $60.92 on 2026-02-05, up +3.25% from the previous close. The stock remains ~33% below its 52-week high of $90.90.
Core Market Drivers
The rebound appears to be a defensive rotation into high-dividend tech.
The stock's attractive ~4.66% yield and relatively stable RF semiconductor demand in auto/industrial segments are providing support amidst broader market volatility.
Technical Analysis
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Volume of 6.93M shares (VR=1.21) confirms the up move.
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MACD (DIF: -1.42, DEA: -1.86, MACD: +0.86) has formed a bullish crossover above the signal line.
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RSI(6) at 67.83 is approaching overbought territory, suggesting near-term consolidation may be needed.
Key Price Levels
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Primary Support: $55.72 (recent swing low).
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Immediate Pivot: $60.00 (psychological & recent close).
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Strong Resistance: $62.00 - $63.00 (congestion zone from late January).
Valuation Perspective
Forward P/E of 12.70 is below its historical average of 15.05 and near the -1 Std.Dev band of 13.32, indicating the stock is trading at a discount relative to its own history.
Analyst Targets
19 analysts have an average price target of $72.02, implying ~18% upside. Sentiment is cautious with 6 Buy, 21 Hold, and 1 Underperform ratings.
Weekly Outlook
Expect consolidation between $58 and $63. A decisive break above $63 could target the $66-$68 zone. Failure to hold $58 may see a retest of the $55.72 support.
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