Stanley Black & Decker (SWK) has been under a strong bear grip, hence the stock is down -0.13% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.54% in the past 1 week. The stock has risen by 1.7% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.67% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.99% and the 50-Day Moving Average is 1.02%.The 200 Day SMA reached 13.1%
Stanley Black & Decker (NYSE:SWK): After opening at $122.39, the stock dipped to an intraday low of $122.08 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $123.44 and the buying power remained strong till the end. The stock closed at $122.98 for the day, a gain of 1.03% for the day session. The total traded volume was 901,888. The stocks close on the previous trading day was $122.98.
Stanley Black & Decker (SWK) : The most positive equity analysts on Stanley Black & Decker (SWK) expects the shares to touch $135, whereas, the least positive believes that the stock will trade at $125 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $130 with an expected fluctuation of $3.74 from the mean.
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.