Stanley Black & Decker (SWK) : Traders are bullish on Stanley Black & Decker (SWK) as it has outperformed the S&P 500 by a wide margin of 4.83% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.07%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1% in the last 1 week, and is up 8.35% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 4.26% and the 50-Day Moving Average is 6.68%. Stanley Black & Decker, Inc. is up 9.27% in the last 3-month period. Year-to-Date the stock performance stands at 15.24%.
Stanley Black & Decker (NYSE:SWK): On Fridays trading session , Opening price of the stock was $121.8 with an intraday high of $122.19. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $121.14. However, the stock managed to close at $121.7, a loss of 0.38% for the day. On the previous day, the stock had closed at $122.17. The total traded volume of the day was 990,732 shares.
Stanley Black & Decker, Inc. is a global provider of power and hand tools, products and services. The Company provides products and services for various industrial applications, mechanical access solutions (automatic doors and commercial locking systems), and electronic security and monitoring systems. The Companys operating segments include: Construction & Do-It-Yourself (CDIY), Industrial and Security. The CDIY segment consists of the Professional Power Tool Business; the Consumer Products Group, which includes outdoor products; the Hand Tools & Storage business, and the Fastening & Accessories business. The Industrial segment consists of the Industrial and Automotive Repair (IAR), Engineered Fastening and Infrastructure Businesses. The Security segment consists of the Convergent Security Solutions (CSS) and Mechanical Access Solutions (MAS) businesses.