SecureWorks Corp. SCWX Stock Analysis

SecureWorks Corp. stock trades under the ticker SCWX & works in the information security industry.

Closing at $20.55/share on 9/13/2021, SCWX stock has recently shown technical strength that traders & investors should be interested in further examining.

SecureWorks Corp. SCWX Stock Technical Analysis

SecureWorks Corp. SCWX Stock Technical Performance For The Last Year

SCWX Stock Price: $20.55

10 Day Moving-Average: $19.46

50 Day Moving-Average: $20.20

200 Day Moving-Average: $16.08

RSI: 56.1

MACD: -0.09

SCWX share-price bullishly crossed their 50 & 10 Day Moving-Averages yesterday, with added momentum to come when the 10 Day MA crosses the 50 Day.

With <4% difference between the two, the bullish continuation of price movement should make that cross occur within the coming days.

SCWX’s volume has been above average for the last year, although still far lower than when it was at its greatest in June & July of 2021.

With an RSI at 56 & a bullish MACD crossover yesterday, SCWX’s stock price looks poised to continue to run.

SecureWorks Corp. SCWX Stock As A Long-Term Investment

SecureWorks Corp.’s stock has many interesting advantages that investors may be interested in in the long-term.

Most-notably to me is their Total Cash (mrq) at $196.96M while their Total Debt (mrq) is only $26.27M, for a Total Debt/Equity (mrq) 3.99.

SCWX does not offer a dividend yield, nor do they have a P/E (ttm), which may be off-putting to some investors.

They do have a 68% % Institutional Shareholders though, showing that many larger investors are involved in SCWX.

SecureWorks Corp. SCWX Stock As A Short-Term Trade Using Options

SCWX looks to have momentum to continue climbing forward in the near-term, so I am looking at their calls & puts with the 10/15 expiration date.

I am looking at the $20 & $22.50 calls, which I expect to gather more open interest after the September contracts expire on Friday.

The $25 & $22.50 puts are also appealing as a hedge opportunity, although they are even more illiquid, with very minimal Open Interest.

Tying It All Together

SecureWorks Corp. SCWX stock looks to have advantages that long-term & short-term traders can both benefit from.

In the near-term, their positive momentum & technical strength look positive to spur more growth for traders to take advantage of.

In the long-term, their debt & cash levels look great & are a sign of stability for investors.

Overall, SCWX stock is worth taking a closer look at for traders & investors of all time frames.


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