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Downtrend Call Working As Skechers Usa-A Stock Falls 18.6% (SKX)

By David Diaz

SmarTrend identified a Downtrend for Skechers Usa-A (NYSE:SKX) on April 20th, 2018 at $30.96. In approximately 6 months, Skechers Usa-A has returned 18.64% as of today's recent price of $25.19.

In the past 52 weeks, Skechers Usa-A share prices have been bracketed by a low of $23.80 and a high of $43.08 and are now at $25.18, 6% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 0.6%.

Skechers U.S.A., Inc. designs and markets branded contemporary casual, active, rugged, and lifestyle footwear for men, women, and children. The Company sells its products to department stores and specialty retailers. Skechers also sells its products internationally through distributors and directly to consumers through its own retail stores.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Skechers Usa-A.

Log in and add Skechers Usa-A (SKX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights skechers usa-a

Ticker(s): SKX