Learn to Evaluate Stanley Black & Decker ($SWK) using the Charts
November 08, 2023, 10:15 am ET, BY Rick O.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for SWK
- Buy SWK slightly over 80.53 target 89.29 stop loss @ 80.3 Details
The technical summary data tells us to buy SWK near 80.53 with an upside target of 89.29. This data also tells us to set a stop loss @ 80.3 to protect against excessive loss in case the stock begins to move against the trade. 80.53 is the first level of support below 85.78 , and by rule, any test of support is a buy signal. In this case, support 80.53 would be being tested, so a buy signal would exist.
- Short SWK slightly under 89.29, target 80.53, stop loss @ 89.55 Details
The technical summary data is suggesting a short of SWK as it gets near 89.29 with a downside target of 80.53. We should have a stop loss in place at 89.55though. 89.29 is the first level of resistance above 85.78, and by rule, any test of resistance is a short signal. In this case, if resistance 89.29 is being tested, so a short signal would exist.
Swing Trading Plans for SWK
- Buy SWK slightly over 89.29, target 98.08, Stop Loss @ 89.03 Details
If 89.29 begins to break higher, the technical summary data tells us to buy SWK just slightly over 89.29, with an upside target of 98.08. The data also tells us to set a stop loss @ 89.03 in case the stock turns against the trade. 89.29 is the first level of resistance above 85.78, and by rule, any break above resistance is a buy signal. In this case, 89.29, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short SWK slightly near 89.29, target 83.79, Stop Loss @ 89.55. Details
The technical summary data is suggesting a short of SWK if it tests 89.29 with a downside target of 83.79. We should have a stop loss in place at 89.55 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 89.29, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for SWK
- Buy SWK slightly over 87.12, target 89.29, Stop Loss @ 86.92 Details
If 87.12 begins to break higher, the technical summary data tells us to buy SWK just slightly over 87.12, with an upside target of 89.29. The data also tells us to set a stop loss @ 86.92 in case the stock turns against the trade. 87.12 is the first level of resistance above 85.78, and by rule, any break above resistance is a buy signal. In this case, 87.12, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short SWK slightly near 87.12, target 83.79, Stop Loss @ 87.32. Details
The technical summary data is suggesting a short of SWK if it tests 87.12 with a downside target of 83.79. We should have a stop loss in place at 87.32 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 87.12, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Stanley Black & Decker (SWK) available here: SWK.
SWK Ratings for November 08:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Strong |
| P1 |
0 |
0 |
80.53 |
| P2 |
82.84 |
78.06 |
89.29 |
| P3 |
87.12 |
83.79 |
98.08 |
AI Generated Signals for SWK
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Stanley Black & Decker (NYSE: SWK) report below can help you understand how to do this. The trading plans for SWK, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for SWK:
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