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Stanley Black & Decker (SWK) Loses 5.7% in 4 Weeks, Here’s Why a Trend Reversal May be Around the Corner

Stanley Black & Decker (SWK) Loses 5.7% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

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The heavy selling pressure might have exhausted for Stanley Black & Decker (SWK) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

...read full article on Zacks Investment Research

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