Stanley Black & Decker Shows Rising RS; Still Shy Of Key Benchmark

Stanley Black & Decker (SWK) had its Relative Strength (RS) Rating upgraded from 69 to 72 Tuesday — a welcome improvement, but still below the 80 or better score you prefer to see.


When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

IBD’s unique rating measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock’s price performance over the trailing 52 weeks compares to all the other stocks in our database.

History reveals that the best stocks typically have an RS Rating of above 80 as they begin their largest runs. See if Stanley Black & Decker can continue to rebound and clear that threshold.

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Stanley Black & Decker is now considered extended and out of buy range after clearing a 195.10 buy point in a first-stage cup without handle. See if the stock forms a new chart pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.

In terms of top and bottom line numbers, the company has posted rising EPS growth in each of the last three reports. Revenue gains have also increased during the same period.

Stanley Black & Decker holds the No. 1 rank among its peers in the Building-Hand Tools industry group.

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