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Stanley Black & Decker Inc (SWK): Price Down $-0.48 (-0.24)% Over Past Day, Up $1.4 (0.71)% Over Past Hour
Get Ratings)’s price is up $1.4 (0.71%) from the hour prior. SWK has seen its price go
down 4 out of the past 5 hours, thus creating some compelling opportunities for bears. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. Regarding moving averages, it should first be noted that price has crossed the
50 hour moving average, resulting in them so that price is now
turning above it. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment meaning the shorter durations are above the longer duration averages, implying a sound upward trend.
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