KEYS stock: buy or sell?
Dec 1st, 2020
KEYS stock brief
- After marking new highs on Tuesday, Keysight Technologies closed at $121.84 rising a 1.50%
- Keysight Technologies gained a 4.00% in 6 consecutive sessions in green
- Keysight Technologies presented its financial report on November 18
Should I buy Keysight Technologies stock?
All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $KEYS stock a buy?
Currently, Keysight Technologies stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean $KEYS will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Keysight Technologies stock?
How to know when is it time to sell Keysight Technologies?. Like when we have to buy shares, deciding when is the best time to sell is not a whimsy decision, and we must follow our own trading style. When selling, as well as buying, detailed setups are very easy to use and are only valid for selling shares you already own, not for shorting $KEYS stock
As a golden rule, you should not keep a trade that yields higher than expected losses at the time of purchase. When to sell shares should always be ruled by the stop-loss (automatic or manual)
Is it time to sell Keysight Technologies stock?
In the current situation of Keysight Technologies there is not any eligible sell setup, so Keysight Technologies stock holders with operations in profit can keep their positions
Keysight Technologies ratings
In the last month, 3 analyst ratings were published for Keysight Technologies. General sentiment is bullish, with 3 out of 3 publishing optimistic forecasts
|Nov 16th, 2020|
|Deutsche Bank Aktiengesellschaft|| |
|Nov 19th, 2020|
|Robert W. Baird||Buy|
Keysight Technologies stock analysis
Since last September, Keysight Technologies has been drawing an uptrend that so far marked a gorgeous 34.45%. The price shows rising peaks and troughs, and along the way gave very few buy points for those who wanted to trade in. Latest pullback was last October, when price bounced at $102.77. In early November, Keysight Technologies broke out above its last top ($108.50) offering a good entry point that resulted in a 12.29% profit
$KEYS at new Highs
On Tuesday, Keysight Technologies hit all-time highs (ATH) again at $122.96. It's the third time in the last 10 sessions, marking an important rally
Supports and resistances
Price is at highs and there are not upper resistance levels.
The current supports are:
The price is moving very close to the upper Bollinger band, signaling some level of overbought in recent sessions. This is not a sell signal, as price can move in these levels for many days and weeks
Relative strength index
Climbed above the overbought line Tuesday, with a reading of 70.93. The fact that the value is above 70 does not in any way imply a sell point, as stocks can rise during several weeks being above 70
Keysight Technologies stock price history
Keysight Technologies went public on Oct 20th, 2014 priced at $27.90 per share1. Since then, KEYS stock surged by 336.70%, with an average of 56.12% per year. An investment of $1,000USD at that time would be valued $4,367.03 nowadays.
1: Adjusted price after possible price splits or reverse-splits
Price target for Keysight Technologies stock
Nobody knows how much a share will be priced in the future. However, many stock price predictions are posted every day by banks, financial institutions and independent analysts.
Along with buy or sell recommendations, brokerage institutions release their price target based on the stock price action and the company fundamental data. Most of these predictions follow the publication of new fundamental data by the company, and many times. If you are a small trader you should not invest based on these price targets.
The average price target for Keysight Technologies stock calculated from the table below is $130.00. Keysight Technologies closed at $121.84 on Tuesday, that is a 6.28% than the forecasted price.
|Brokerage firm||Price target|
|Nov 16th, 2020|
|Deutsche Bank Aktiengesellschaft||$129.00|
|Nov 19th, 2020|
|Barclays||$128.00 → $135.00|
|Robert W. Baird||$112.00 → $126.00|
Earnings and financials
Keysight Technologies ($KEYS) had the earnings event and presented the report on November 18. KEYS surpassed analysts estimates and posted of $1.62, that is a 10.96% better than expected compared to the previous estimates of $1.46. On the other hand, reported revenues of $1.2 billion were in line with analysts forecasts.This compares to Earnings of $1.33 per share same quarter last year, so current EPS means a gain of 21.80%. Looking at revenue, figures climbed a 8.93% compared to $11.2B year over year.
KEYS ($KEYS) is posting earnings report next February. Wall Street analysts forecast of $1.36, that is a 16.05% less than previous quarter.
Keysight Technologies competitors
Keysight Technologies is part of the Scientific & Technical Instruments industry, where it has 20 industry peers.
The following are some of Keysight Technologies most relevant competitors:
|Company||Market cap||Rating||Bullish ratings1|
|Keysight Technologies ($KEYS)||$22.0B|| ||3|
|Teledyne Technologies ($TDY)||$14.2B||Neutral||0|
|Sensata Technologies ($ST)||$7.6B||Neutral||0|
1 In the last 30 days.
Keysight Technologies performance
To better understand Keysight Technologies performance you must compare its gains with other related stocks in same sector or industry.. For Keysight Technologies, the benchmark is made against Fortive, Garmin, Trimble, Teledyne Technologies, Cognex and Sensata Technologies.
|Keysight Technologies ($KEYS)||15.60%||22.40%||16.00%|
|Teledyne Technologies ($TDY)||22.70%||21.00%||3.60%|
|Sensata Technologies ($ST)||12.50%||18.10%||26.70%|
Important note:The thoughts contained in this post are personal and should not be followed as recommendations for you to buy or sell shares. The author of this report does not have any knowledge of the particular scenarios of the reader, his or her finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are posted for informational motives only
|Tuesday, December 1st, 2020|
|Day range||$120 - $122.96|
|Average true range||$3.17|
|50d mov avg||$107.57|
|100d mov avg||$102.74|
|200d mov avg||$99.30|
|Earnings date||February 22nd, 2021|