According to my below code, when we will move the mouse to anywhere like left or right up and down we get the current status of the swipe. Here i have used mousemove() method .

 $(function() {      
      //Enable swiping...
      $("#test").swipe( {
        swipeStatus:function(event, phase, direction, distance, duration, fingers)
        {
          var str = "<h4>Swipe Phase : " + phase + "<br/>";
          str += "Direction from inital touch: " + direction + "<br/>";
          str += "Distance from inital touch: " + distance + "<br/>";
          str += "Duration of swipe: " + duration + "<br/>";
          str += "Fingers used: " + fingers + "<br/></h4>";

          //Here we can check the:
          //phase : 'start', 'move', 'end', 'cancel'
          //direction : 'left', 'right', 'up', 'down'
          //distance : Distance finger is from initial touch point in px
          //duration : Length of swipe in MS 
          //fingerCount : the number of fingers used
          if (phase!="cancel" && phase!="end") {
            if (duration<5000)
              str +="Here maxTimeThreshold.<h3>Swipe handler will be triggered if you release at this point.</h3>"
            else
              str +="Here Over maxTimeThreshold. <h3>Swipe handler will be canceled if you release at this point.</h3>"

            if (distance<200)
              str +="Not yet reached threshold.  <h3>Swipe will be canceled if you release at this point.</h3>"
            else
              str +="Threshold reached <h3>Swipe handler will be triggered if you release at this point.</h3>"
          }

          if (phase=="cancel")
            str +="<br/>Handler not triggered. <br/> One or both of the thresholds was not met "
          if (phase=="end")
            str +="<br/>Handler was triggered."  

          $("#test").html(str);
        },
        threshold:200,
        maxTimeThreshold:5000,
        fingers:'all'
      });
    });
$(function() {      
      //Enable swiping...
      $("#test").swipe( {
        swipeStatus:function(event, phase, direction, distance, duration, fingers)
        {
          var str = "<h4>Swipe Phase : " + phase + "<br/>";
          str += "Direction from inital touch: " + direction + "<br/>";
          str += "Distance from inital touch: " + distance + "<br/>";
          str += "Duration of swipe: " + duration + "<br/>";
          str += "Fingers used: " + fingers + "<br/></h4>";

          //Here we can check the:
          //phase : 'start', 'move', 'end', 'cancel'
          //direction : 'left', 'right', 'up', 'down'
          //distance : Distance finger is from initial touch point in px
          //duration : Length of swipe in MS 
          //fingerCount : the number of fingers used
          if (phase!="cancel" && phase!="end") {
            if (duration<5000)
              str +="Here maxTimeThreshold.<h3>Swipe handler will be triggered if you release at this point.</h3>"
            else
              str +="Here Over maxTimeThreshold. <h3>Swipe handler will be canceled if you release at this point.</h3>"

            if (distance<200)
              str +="Not yet reached threshold.  <h3>Swipe will be canceled if you release at this point.</h3>"
            else
              str +="Threshold reached <h3>Swipe handler will be triggered if you release at this point.</h3>"
          }

          if (phase=="cancel")
            str +="<br/>Handler not triggered. <br/> One or both of the thresholds was not met "
          if (phase=="end")
            str +="<br/>Handler was triggered."  

          $("#test").html(str);
        },
        threshold:200,
        maxTimeThreshold:5000,
        fingers:'all'
      });
    });