Skechers U.S.A., Inc. (SKX) has demonstrated strong upward momentum, consistently trading above both its 200-day and 50-day simple moving averages (SMA), which are important indicators of price stability and long-term bullish trends. As of Sept. 13, SKX was trading at $67.30, which surpassed both its 200-day SMA of $63.87 and its 50-day SMA of $65.44, highlighting a continued uptrend.SMA is a key tool in technical analysis used to assess price trends by smoothing out short-term fluctuations, offering a clea ...