Stanley Black & Decker | SWK | Long at $85.00Stanley Black and Decker NYSE:SWK breached my selected historical simple moving average and may likely be forming an upward channel into an overall positive reversal. It's "obeying" the simple moving average lines so far, with a nice bounce off the base at $85. Earnings and cash flow are expected to grow into 2026, but caution should be used if the economy slows further... It currently has a dividend yield of 3.74%. While I wouldn't be surprised if the price dipped to close out the price gap in the low $80s, NYSE:SWK is in a personal buy zone at $85.00.
Target #1 = $100
Target #2 = $114
Target #3 = $125
Target #4 = $137
Industrial
Caterpillar (CAT): Construction Strength Amid Industrial SlumpCharting Caterpillar can be challenging, given the complexity of its price structure, but it’s fascinating to see how well it respects Elliott wave theory and trend channels. Despite the difficulties, the adherence to these principles makes the analysis quite promising.
The construction sector for Caterpillar remains robust, while the true growth catalyst is expected from a recovery in the mining industry, driven by demand from China and other regions. However, it’s not all positive: industrial activity in the U.S. has been sluggish, with the Institute for Supply Management Purchasing Managers' Index falling below 50 in 21 of the last 22 months—marking one of the worst streaks on record. This industrial downturn certainly adds pressure.
On a higher time frame, there’s not much new to add. However, we are looking for Caterpillar to move higher to complete wave (3). As shown in the zoomed-in chart (the chart in the left frame), we can observe how accurately the price is moving within the trendline. The "best-case" scenario for us would involve a push above the channel, followed by a sell-off. If this happens, it will provide a clearer indication that a larger correction—wave (4)—is imminent.
gold-silver-ratio
As You can see an apex which showed bullish absorption was cutted the bearish style, to be tested if it will sustain strength. Now we see a rising wedge with shortening of time in the upper area and no shortening no expension of time at the lower boundaries.
This leads to the conclusion, that gold is sold and silver is bought.
Silver and copper are industrial metals. When they show strength vs. gold the markets are in an early stage of a big trend with a lot of bredth indicators moving to the upside soon.
3M Position Trade✨ NEW: 3M...UT (3M, 3D) ✨ POSITION TRADE ✨
BLO1 @ 74.34
BLO2 @ 50.99 (Wealth Trade - I may never let this position go)
TP1 @ 112.53 (shave 25% from BLO 1)
TP2 @ 175.83 (shave 25% from BLO 1)
TP3@ 215.82 (shave 25% from BLO 1)
3M Co. is a technology company that creates industrial, safety, and consumer products. They operate under different segments such as Safety and Industrial, Transportation and Electronics, Health Care, and Consumer.
Recently, the company has faced a major challenge involving around 260,000 pending lawsuits due to their military earplugs malfunctioning. The outcome of these legal proceedings could greatly impact 3M, either causing severe consequences or presenting a unique investment opportunity.
Our team predicts that despite the uncertainty, institutions will likely intervene and purchase 3M's stock as it returns to its established pattern of gradual and steady growth, also known as the company's intrinsic or true value. However, it is important to acknowledge that the future outcome is still subject to change and could sway in either direction.
Here is my strategy: I plan to sell 25% of my BLO1 holdings at every take profit point, while keeping the remaining amount for a long-term investment. However, I have no plans to sell any of my BLO2 holdings and will be holding them for the long term. This is commonly referred to as the "diamond hand strategy."
Happy Trading‼️
Topping Pattern Example (Head and Shoulders)Hunstman is a chemical manufacturer whose earnings have plummeted over 85% compared to the first half of 2022. The chart is a prime example of a large head & shoulders pattern. Analysts expect its earning to remain depressed and the chart shows signs of Distribution over the past 2 years.
Texas Instruments (TXN) - Is the stock overvalued?About Texas Instruments
Texas Instruments (TXN) is a technology company that designs and manufactures a wide range of products, including analog and embedded processing chips. The company operates in two segments, Analog and Embedded Processing, and its products are used in various applications, including automotive, communication infrastructure, industrial, and personal electronics.
Strong financial performance in recent years
In recent years, Texas Instruments has seen strong financial performance, driven by strong demand for its products and increasing demand for its embedded processing solutions. The company has consistently delivered revenue and earnings growth, driven by its broad portfolio of products and its ability to continuously innovate and bring new products to market.
Is Texas Instruments (TXN) stock overvalued?
From a technical perspective, the stock price of Texas Instruments has been in an uptrend since the beginning of 2020, and has outperformed the S&P 500 index over that time period. The stock price has consistently made higher highs and higher lows, indicating strong bullish sentiment. In addition, the stock has consistently traded above its 200-day moving average, which is often used as a measure of long-term trend.
The Relative Strength Index (RSI) is a momentum oscillator that measures the strength of a stock's price action. The RSI for Texas Instruments is currently in bullish territory, indicating that the stock is overbought and may be due for a pullback. However, the RSI can remain in overbought territory for an extended period of time, so it is important to consider other technical indicators when making a trading decision.
One potential area of concern for the stock is its valuation. Texas Instruments currently trades at a premium to its historical valuation, which could indicate that the market is pricing in high expectations for future growth. In addition, the stock's price-to-earnings (P/E) ratio is higher than the industry average, which could make it vulnerable to a pullback if the company's earnings growth slows or if the market becomes more cautious.
Conclusion
In conclusion, Texas Instruments has demonstrated strong financial performance and technical strength in recent years. However, investors should be aware of the stock's elevated valuation and consider other factors, such as the company's earnings growth and the overall market sentiment, when making a trading decision. It is always recommended to consult with a financial advisor before making any investment decisions.
Disclaimer
Norvestio AS only offers analysis based on analyst estimates and historical data, and our articles are never meant to be taken as financial advice. It doesn’t represent an advice to buy or sell any stock, and it doesn’t take into consideration your goals or financial position.
Legrand (LR.pa) bearish scenario:The technical figure Channel Up can be found in the daily chart of the French company Legrand (LR.pa). Legrand is a French industrial group. It is one of the world leaders in electrical and digital building infrastructures and connected solutions. Legrand is established in 90 countries and its products are distributed in nearly 180. It generates 85% of its sales internationally. The group has expanded its product range in sustainable development and energy saving technologies, and has developed new products for EV charging/electric vehicles, lighting control and datacenters. The Channel Up broke through the support line on 23/12/2022. If the price holds below this level, you can have a possible bearish price movement with a forecast for the next 17 days towards 71.80 EUR. Your stop-loss order, according to experts, should be placed at 85.88 EUR if you decide to enter this position.
Legrand, a world leader in electrical, digital infrastructure and connected solutions, has announced its acquisition of Encelium, an Ontario, Canada-based manufacturer of advanced commercial lighting controls. The acquisition of Encelium brand and products, which takes effect immediately, comes as part of Legrand's ongoing global strategy to further strengthen its position in the commercial lighting control sector. A leader in this category, Encelium is already an integral component within thousands of buildings, supporting the needs of occupants, tenants, and facilities managers through people-centric lighting and energy efficiency.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
6/5/22 WMWaste Management, Inc. ( NYSE:WM )
Sector: Industrial Services (Environmental Services)
Market Capitalization: $66.068B
Current Price: $159.12
Breakout price: $160.10
Buy Zone (Top/Bottom Range): $158.40-$153.25
Price Target: $166.20-$168.80 (1st), $188.70-$190.10 (2nd)
Estimated Duration to Target: 55-59d (1st), 166-176d (2nd)
Contract of Interest: $WM 1/20/23 160c, $WM 7/15/22 160c
Trade price as of publish date: $4.20/contract, $11.50/contract
GE Retirement PlanPost-correction GE could retest the median on its current declining fork, fundamentally they are a company that makes things, real things that the world needs right now, and in the future.
This is an extremely long term chart with little near term trading implication, but if we see a bullish pull from that median I wouldn't hesitate to invest in diverse large industrials like this.
Stock Indexes have peaked. A slow roll-over has begun.In this video:
* Current price action of the dollar coinciding with that of the markets and an understanding that the Fed may raise interest rates soon, all indicate that the broader markets will begin to roll over and turn bearish.
* Cryptos may still have time to complete one more bullish cycle before the markets turns extremely bearish.
$IR: Is the ESG Era Upon Us?ESG (Environmental, Social and Governance) is a buzzword in the investment community that has begun to pick up steam. Will the dollar continue to appreciate giving a buffer for US spending bills and a liking for stocks with a lot of domestic potential? Time will tell. Good luck trader
DJI Dow Jones Industrial Average Santa Rally?The Santa Rally is set to start on Monday, Dec. 27.
This period gave positive return for the S&P 500 78.9% of the time.
Since 1950, the average return of the Santa rally was 1.33%.
How do you think this will be reflected in theDJI index?
The reasons could be optimism over the new year ahead or holiday spending.
$ORLY: Oh-oh-oh-oh-maybeeee? ♬O'Reilly along with other automotive retail are potentially showing promise after the XRT rout. Being in a higher market cap than comparative retail stocks could help ORLY benefit in a deflationary environment assuming the dollar trends higher in the intermediate - long term. Gas or electric and an ever growing group of DYI'ers automotive retail stands to benefit long term in my opinion.
DJI Short of the century v2Short term expanding wedge above larger expanding wedge. With high inflation data in US and possible interest rate rises, outlook and chart ripe for a short.
Confirmation over next few days, depending on sell volumes/news/interest rates etc etc.
DJI will likely retest and bounce/false breakout trend lines, be patient!
Short term short:
SL: 36670
Entry: ~36090
TP1: 35630
TP2: 34794
TP3: 33934
Long term short:
SL: 33513
Entry: ~32868
TP1: 29620
TP2: 26187
TP3: 19588
$DRE: Acting Like They Forgot About$PLD and $DRE, I believe, are setting up for a longer run here as the deflationary environment takes over. Don't forget about industrial REIT's or $DRE :)
Infrastructure & Alternative Energy I mean need I say more than the company’s name? Just wait for that bill to be signed! This company has a backlog of $2 billion! At the same price level that took it from $12 to $24! I got the funds in place!
The DAX Battle: You predict, We follow On the DE30, price has been ranging inside this wedge since many weeks without any success to go out of it. Now, as the path becomes narrower, it's time for a real battle between the buyers and the sellers. The buyers of course have a higher winning ratio since the world is recovering from the covid-19's pandemic that has drastically hit the industrial sectors in every country.
Now let's see what are your predictions for this one !
Industrial metals are set to witness an upcoming rally
Industrial metals are set to witness an upcoming rally after Joe Biden's $6T budget proposal, The spending plans would fund investments roads, water pipes, broadband internet, electric vehicle charging stations and advanced manufacturing research.
CENX is an industrial metal stock that's being traded within a descending channel on the 4hr time frame since March 12.
Momentum and strength indicators are supporting that the stock would move upward to hit $14.65 and $16.25 levels consequitvely on the short term.
Century Aluminum shares CENX rose 7.62% in yesterday's trading in a strong session for metals.
Stag: trendlines broken new lines filled STAG ...what can we say technical about it.
The purple is a long term July '2017 trend line and the pink is a Aug '2018 trend.
We pass the 2017 trend line and are now touching, ever so slightly, the 2018 trend line.
We passed all resistance levels (long ago) and we are $3 a share away from the 50MA.
In the short term we expect some profit taking and a pull back but with the limited supply of large industrial spaces (suitable for ecommerce or distirubtion) we don't see a problem keeping these levels in tact.
Happy upside trading on STAG
Element Solutions (ESI) Full Detail!Company Profile:
A Global Innovator of Advanced Specialty Chemical Solutions
Element Solutions is a leading specialty chemicals company whose operating businesses formulate a broad range of solutions that enhance the performance of products people use every day. Developed in multi-step technological processes, our innovative solutions enable our customers' manufacturing processes in several key segments, including electronic circuitry, communication infrastructure, automotive systems, industrial surface finishing, consumer packaging, and offshore energy.
Customers of our businesses use our innovation as a competitive advantage, relying on us to help them navigate in fast-paced, high-growth markets. For example, in-car technology, from infotainment to driver assistance, is accelerating the pace of new product development and changing the competitive playing field for automotive manufacturers. With a long-standing presence in automotive markets and a deep market expertise in electronics, we sit at the intersection of this fast-growing market. The breadth of our offerings provide strong strategic value to the end markets we serve.
Financials (Comparison vs DuPont)
Competitors: BP, DuPont, AtoTech
There are 7 things I compare when researching stocks. I make sure I find at least 2 strong competitors for the best analysis I can give! I only post 1 comparison for the sake of time.
1. Return on Investment Capital
2. Price to Book Ratio
3. Price to Earnings Ratio
4. Net Margin%
5. Return on Total Assets
6. Return on Equity
7. Earnings per Share
1. ROIC
Element Solutions
2019 1.15%
2020 3.26%
DuPont
2019 -0.69%
2020 -.511%
2. P/B Ratio
Element Solutions
2019 1.32
2020 1.16
DuPont
2019 1.16
2020 1.08
3. P/E Ratio
Element Solutions
2019 33.84
2020 22.02
DuPont
2019 96.40
2020 NO DATA
4. Net Margin %
Element Solutions
2019 4.30%
2020 7.58%
DuPont
2019 -3.00%
2020 -1.55%
5. Return on Total Assets
Element Solutions
2019 1.15%
2020 2.82%
DuPont
2019 -0.50%
2020 -4.22%
6. ROE
Element Solutions
2019 3.64%
2020 5.55%
DuPont
2019 -0.95%
2020 -7.59%
7. Diluted EPS
Element Solutions
2019 0.35
2020 0.14
DuPont
2019 0.67
2020 -0.11
Fundamental Analysis
To keep things simple, I like this stock due to their market exposure. They are involved with many sectors of industrial lines. Automotive, Computing, Consumer Goods, Energy/Resources, Military/Aerospace/Medical, Mobile, Printed Packaging, and Water Treatment. After looking at their financials the main thing I noticed in comparison with DuPont and BP was the Return on Investment Capital. DuPont ranged from -0.69% to -.511% in comparison to Element's 1.15% to 3.26%. These were yearly comparisons and it tells me that DuPoint and BP could be losing some value. I like the innovative drive that Element brings as well.
Technical Analysis
Stochastic RSI: White line is close to the orange line which means price is close to being oversold while also being in a support zone.
Fibonnaci: Ranged from the potential "New Support Zone" to the "New Resistance Zone". I'm looking for a retracement of the previous high being $19.36. I'm expecting a retracement of anywhere between 30% and up.
MacD Squatter: White line is crossing down below the zero line while in a support zone.
Entry Rule: Once crossover happens, I will go to the 5 or 15 min for confirmation before entry.
Current Price: $17.49
Strike Price: $18.24 - $19.36 and up if lucky.
Stop Loss: $16.66
OF COURSE I WANNA SEE YOU MAKE IT!
Follow, Like, Agree, ...or Disagree!
- Signed, Amateur Robinhood Trader lol