The Chart of the Day belongs to Stanley Black and Decker (SWK). I found the stock by sorting the All Time High list for the highest technical buy signals, then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 7/25 the stock gained 2.73%.
SWK is a diversified global provider of tools and related accessories, mechanical access solutions; electronic security solutions, engineered fastening systems etc. The Company has three reportable segments: Construction & Do-It-Yourself, Industrial and Security. The Construction & DIY segment manufactures hand tools and sells its products to professional end users and consumers through retailers, including home centers, mass merchants, hardware stores, and retail lumber yards. Its Industrial segment offers various mechanics tools and storage systems to industrial customers through third party distributors and direct sales forces. The Security segment provides a range of mechanical and electronic security products and systems, as well as various security services to retailers; educational, financial, and healthcare institutions; and commercial, governmental, and industrial customers.
Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report
Barchart technical indicators:
- 100% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 9 new highs and up 2.38% in the last month
- Relative Strength Index 69.75%
- Barchart computes a technical support level at 91.22
- Recently traded at 93.25 with a 50 day moving average of 89.50
Fundamental factors:
- Market Cap $14.55 billion
- P/E 17.71
- Dividend yield 2.25%
- Revenue expected to grow 3.90% this year and anther 5.00% next year
- Earnings estimated to increase 11.4% this year, an additional 14.10% next year and continue to increase at an annual rate of 9.55% for the next 5 years
- Wall Street analysts issued 2 strong buy, 5 buy, 10 hold and 1 under perform recommendation on the stock
Watch the 50 and 100 day moving averages for signs to exit.
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