Stanley Black & Decker shares jumped more than 8% Saturday after it boosted its profit forecast for the year. The tool maker said its cost-cutting efforts are paying off. Stanley now expects $1.10 to $1.40 in adjusted earnings per share in 2023, up from its past guidance of $0.70 to $1.30.
The tool maker said its cost-cutting efforts are paying off. Stanley now...
NYSE:SWK Bearish Parallel Down Trend Break to bullish reversal. The analysis of the potential bearish-to-bullish reversal in the context of NYSE:SWK (Stanley Black & Decker, Inc.) involves examining key price movements and technical patterns. Specifically, the break of a parallel down trend and its implications for a potential shift in sentiment.
**Bearish...
On this chart, we can see a head and shoulders-formation and we are therefore waiting for a breakout of the neckline, to take our short position.
Stop-loss, target and ROI are all shown on the chart.
The target for this trade equals the earlier support level.
In this case, it shows that during the last half year, it has formed into a multiple bottom, and our...
The PEAD projected a bullish outlook for $SWK after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
Everyone has some trusty item made by Stanley Black & Decker in their home, whether it's a power tool, lawn product, kitchen appliance, storage, etc. Its customers also include professional end users of its equipment for repairs, construction, lawncare, automotive, manufacturing, oil and gas pipelines, aerospace engineering and many other industries. It seems to...
The PEAD projected a Bullish outlook for $SWK after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 50%.
I took a stater position in $SWK here as it comes up and over the 30 week MA. I had this on my watch list and it got away from me yesterday. I look at this as a low risk entry as my stop will be on a close below the 30 week MA which is not to far down. If this is the beginning of a stage 2 breakout I'm early and will have an opportunity to build the position out....
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on October 1, 2021 with a closing price of...
3/2/21
$SWK - Stanley Black & Decker - 2.6% Gainer
Catalysts:
1. Lengthy and now tightening consolidation of price in wedge formation, set up for reversal.
2. Stock is trading significantly below the Price Targets (PT) given by analyst upgrades and reiterations over the past couple months.
UBS - Buy - PT $227 --> $241
Citi - Neutral - PT $203 --> $215
Credit...
After 2 down months SWK might be heading back toward highs. Also showing positive rate of change divergence
Long here with a stop on a close below 167.00 with a target at 197.00
Hey my friends, STANLEY BLACK & DECKER is in a bullish momentum, fake propability of a reversal on the gap we can climb above the highest previous. After that it remains to be seen if the buyers set a price, otherwise we will witness a fall.
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SWK just recently hit the support and is showing signs. This investment could be risky because the price is still below the 200 day moving average but if you wait until it crosses and holds above the 200 day moving average the reward is way less. Since hitting the support it is still on it's way to the resistnace which is $120.30
