Stanley Black's most recent trend suggests a bullish bias. One trading opportunity on Stanley Black is a Bull Put Spread using a strike $105.00 short put and a strike $95.00 long put offers a potential 29.87% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $105.00 by expiration. The full premium credit of $2.30 would be kept by the premium seller. The risk of $7.70 would be incurred if the stock dropped below the $95.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Stanley Black is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Stanley Black is bullish.
The RSI indicator is at 62.91 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Stanley Black
Stanley Black & Decker Announces 2nd Quarter Dividend
Fri, 17 Apr 2020 19:05:00 +0000
Stanley Black & Decker (NYSE: SWK) announced today that its Board of Directors approved a regular second quarter cash dividend of $0.69 per common share. This extends the company's record for the longest consecutive annual and quarterly dividend payments among industrial companies listed on the New York Stock Exchange. The dividend is payable on Tuesday, June 16, 2020 to shareholders of record as of the close of business on Tuesday, June 2, 2020.
Reasons Why Stanley Black (SWK) Should Be Avoided for Now
Thu, 16 Apr 2020 12:39:12 +0000
Stanley Black's (SWK) revenue-generation capabilities are severely hurt on coronavirus concerns. Further, high debts and forex woes might be dragging.
Stanley Black & Decker to Supply DEWALT Battery System for Ford and 3M's Powered Air-Purifying Respirators
Wed, 15 Apr 2020 18:16:00 +0000
Stanley Black & Decker (NYSE: SWK) today announced that the company is collaborating with Ford and 3M to supply a DEWALT portable battery solution for their new Powered Air-Purifying Respirators (PAPR), which will be used to help protect healthcare professionals on the front line as they treat patients of the COVID-19 pandemic.
Stanley Black & Decker Commits Financial Support and Expertise to Benefit Communities and Employees During COVID-19 Pandemic
Tue, 14 Apr 2020 18:02:00 +0000
Stanley Black & Decker (NYSE: SWK) today announced a $10+ million comprehensive COVID-19 philanthropic outreach program to help its communities and employees around the world combat the effects of the pandemic. In alignment with the company's purpose, "For Those Who Make The World," the program encompasses:
Neuberger Votes Against Lennar Management in First Vote of New Proxy Initiative
Thu, 09 Apr 2020 12:00:00 +0000
Under the initiative, called NB25+, Neuberger officials said they would preannounce their votes on controversial or noteworthy shareholder proposals involving 25 companies this proxy season.
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