Stanley Black & Decker Inc. holds a SIA SMAX Score of 9/10, indicating near-term relative strength against a broad range of asset classes. The shares recently broke above prior resistance at $103.28, with next resistance at $114.03 and further resistance at $121.01. The 3-box reversal support level is $97.33, followed by additional support at $88.15.
Manufacturing is an Unfavored sector, ranked 25th out of 31 positions in the SIA Sector Report after declining six positions over the past month and three positions over the past quarter. SWK’s latest Point & Figure signal is a Double Top.
Stanley Black & Decker ranks 37th out of 503 positions in the SIA S&P 500 Index Report, having advanced 75 positions over the past month and five positions over the past quarter.
The shares gained 16.83% over the past month, 13.80% over the past quarter and 64.35% over the past year. Over the corresponding periods, the iShares Core S&P 500 Index ETF Fund IVV declined 2.29%, gained 0.96% and gained 11.87%, respectively.
Founded in 1843 and headquartered in the USA, Stanley Black & Decker manufactures tools, outdoor products and engineered fasteners for builders, tradespeople and DIY users. Its brands include DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER and Cub Cadet.
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