Is Skechers U.S.A., Inc. technically bullish or bearish?

As of 19 August 2025, the technical trend for Skechers U.S.A., Inc. has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by a bullish daily moving average and a mildly bullish weekly Bollinger Bands indicator. However, the weekly MACD is bullish while the monthly MACD is mildly bearish, indicating mixed signals across time frames. The RSI shows bearish momentum on the weekly chart, but there is no signal on the monthly.
In terms of performance, Skechers has underperformed the S&P 500 year-to-date and over the past year, with returns of -6.11% and -3.79% respectively, compared to the S&P 500's 12.22% and 17.14%. Over the longer term, the stock has outperformed the benchmark over the 3-year and 5-year periods, with returns of 65.83% and 103.71% respectively, against the S&P 500's 70.41% and 96.61%.