Stanley Black & Decker Inc (SWK)
Stanley Black & Decker, Inc., formerly known as The Stanley Works, is a Fortune 500 American manufacturer of industrial tools and household hardware and provider of security products. Headquartered in the greater Hartford city of New Britain, Connecticut, Stanley Black & Decker is the result of the merger of Stanley Works and Black & Decker on March 12, 2010.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 8.05% per annum.
- SWK price at the close of July 3, 2025 was $71.10 and was lower than the bottom border of the primary price channel by $8.13 (10.26%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 42.59% per annum.
- SWK price at the close of July 3, 2025 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of SWK price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: July 28, 2022
End date: March 11, 2025
a = 4.1512
b = 0.0002
s = 0.0826
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0002) – 1
= 8.05%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0826) – 1
= 39.17%
July 28, 2022 calculations
Top border of price channel:
Exp(Y520)
= Exp(a + b × X520 + 2 × s)
= Exp(a + b × 752 + 2 × s)
= Exp(4.1512 + 0.0002 × 752 + 2 × 0.0826)
= Exp(4.4759)
= $87.87
Bottom border of price channel:
Exp(Y520)
= Exp(a + b × X520 – 2 × s)
= Exp(a + b × 752 – 2 × s)
= Exp(4.1512 + 0.0002 × 752 – 2 × 0.0826)
= Exp(4.1453)
= $63.14
March 11, 2025 calculations
Top border of price channel:
Exp(Y1,176)
= Exp(a + b × X1,176 + 2 × s)
= Exp(a + b × 1,709 + 2 × s)
= Exp(4.1512 + 0.0002 × 1,709 + 2 × 0.0826)
= Exp(4.6788)
= $107.64
Bottom border of price channel:
Exp(Y1,176)
= Exp(a + b × X1,176 – 2 × s)
= Exp(a + b × 1,709 – 2 × s)
= Exp(4.1512 + 0.0002 × 1,709 – 2 × 0.0826)
= Exp(4.3482)
= $77.34
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 8.05% per annum.
- SWK price at the close of July 3, 2025 was $71.10 and was lower than the bottom border of the primary price channel by $8.13 (10.26%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: July 30, 2024
End date: June 30, 2025
a = 6.9075
b = -0.0015
s = 0.0881
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0015) – 1
= -42.59%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0881) – 1
= 42.22%
July 30, 2024 calculations
Top border of price channel:
Exp(Y1,023)
= Exp(a + b × X1,023 + 2 × s)
= Exp(a + b × 1,485 + 2 × s)
= Exp(6.9075 + -0.0015 × 1,485 + 2 × 0.0881)
= Exp(4.8259)
= $124.70
Bottom border of price channel:
Exp(Y1,023)
= Exp(a + b × X1,023 – 2 × s)
= Exp(a + b × 1,485 – 2 × s)
= Exp(6.9075 + -0.0015 × 1,485 – 2 × 0.0881)
= Exp(4.4737)
= $87.68
June 30, 2025 calculations
Top border of price channel:
Exp(Y1,252)
= Exp(a + b × X1,252 + 2 × s)
= Exp(a + b × 1,820 + 2 × s)
= Exp(6.9075 + -0.0015 × 1,820 + 2 × 0.0881)
= Exp(4.3166)
= $74.93
Bottom border of price channel:
Exp(Y1,252)
= Exp(a + b × X1,252 – 2 × s)
= Exp(a + b × 1,820 – 2 × s)
= Exp(6.9075 + -0.0015 × 1,820 – 2 × 0.0881)
= Exp(3.9643)
= $52.69
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 42.59% per annum.
- SWK price at the close of July 3, 2025 was inside the secondary price channel.