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Uptrend ExhaustionArchive - 6/7/2024 - Sign In to see current Signals. |
Stanley Works (SWK) Technical Analysis
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| Summary:
| | Weekly :![Williams' Percentage Range is oversold](images\bullish.gif) ![Price is near the Fibonacci 61.8% retracement level](images\alert_signals.gif) | | Daily :![Williams' Percentage Range is oversold](images\bullish.gif) ![Lane's Stochastic and MACD bullish divergence](images\bullish.gif) Move cursor over the icon to see details.
| | It was the negative week for the Stanley Works (SWK). During the week, the SWK dropped -4.71 points, or -5.40%, and closed at 82.46 on Friday, June 7, 2024. SWK was trading at average weekly trading volume.
Long-term trend: [See SWK long-term trend chart] A long-term uptrend had started on October 13, 2022 at 70.24 and reached 104.21 on August 1, 2023. SWK gained -33.97 points, or -48.36%, in 41 weeks. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Medium-term trend: [See SWK medium-term trend chart] A medium-term downtrend had started on December 14, 2023 at 102.93 and reached 82.13 on June 7, 2024. SWK lost 20.80 points, or 20.21%, in 25 weeks. Price is near the trend low.
Weekly Technical Indicators: [See SWK weekly technical indicators chart] Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is below its signal line since April 12, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See SWK short-term trend chart] A short-term downtrend had started on May 15, 2024 at 93.34 and reached 82.13 on June 7, 2024. SWK lost 11.21 points, or 12.01%, in 23 days. Price is near the trend low.
Daily Technical Indicators: [See SWK daily technical indicators chart] Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range. Daily Lane's Stochastic and MACD have bullish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Lane's Stochastic help. The daily MACD line is below its signal line since May 22, 2024. This is an indication that the short-term trend is down.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Industrials |
3 |
Industry |
Industrial Machinery |
41 |
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Daily Trend |
Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
High |
93.34 |
High Date |
05/15/2024 |
Low |
82.13 |
Low Date |
06/07/2024 |
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Weekly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
98.28 |
High Date |
03/28/2024 |
Low |
82.13 |
Low Date |
06/07/2024 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
102.93 |
High Date |
12/14/2023 |
Low |
82.13 |
Low Date |
06/07/2024 |
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Quarterly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
70.24 |
Low Date |
10/13/2022 |
High |
104.21 |
High Date |
08/01/2023 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
225.00 |
High Date |
05/10/2021 |
Low |
70.24 |
Low Date |
10/13/2022 |
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