Keysight Technologies, Inc. (KEYS) Forms Wedge Up Pattern; Strong Momentum for Buyers Coming

December 7, 2017 - By Marie Mckinney

Investors sentiment decreased to 1.2 in 2017 Q2. Its down 0.33, from 1.53 in 2017Q1. It fall, as 42 investors sold Keysight Technologies, Inc. shares while 85 reduced holdings. 49 funds opened positions while 104 raised stakes. 157.93 million shares or 2.50% more from 154.09 million shares in 2017Q1 were reported.
Texas-based Wfg L P has invested 0% in Keysight Technologies, Inc. (NYSE:KEYS). Manufacturers Life Insur The stated it has 0.01% of its portfolio in Keysight Technologies, Inc. (NYSE:KEYS). Geode Capital Management Limited Liability holds 1.53M shares. Weiss Multi holds 0.08% in Keysight Technologies, Inc. (NYSE:KEYS) or 49,000 shares. Sei reported 0.01% stake. Tocqueville Asset Lp reported 0.2% of its portfolio in Keysight Technologies, Inc. (NYSE:KEYS). Moreover, Sound Shore Management Incorporated Ct has 2.82% invested in Keysight Technologies, Inc. (NYSE:KEYS) for 4.43 million shares. Whittier Trust Company reported 0% of its portfolio in Keysight Technologies, Inc. (NYSE:KEYS). Cap Fund invested in 0.06% or 184,678 shares. Evercore Wealth Mngmt Limited has invested 0% in Keysight Technologies, Inc. (NYSE:KEYS). Architects invested 0.01% of its portfolio in Keysight Technologies, Inc. (NYSE:KEYS). Benjamin F Edwards Com stated it has 0% of its portfolio in Keysight Technologies, Inc. (NYSE:KEYS). Ftb Advsr invested 0% of its portfolio in Keysight Technologies, Inc. (NYSE:KEYS). 13,793 were reported by Proshare Advisors Limited. Loring Wolcott And Coolidge Fiduciary Advsrs Ltd Liability Partnership Ma stated it has 0% in Keysight Technologies, Inc. (NYSE:KEYS).

The stock of Keysight Technologies, Inc. (KEYS) formed an up wedge with $44.43 target or 4.00 % above today’s $42.72 share price. The 5 months wedge indicates low risk for the $7.95 billion company. If the $44.43 price target is reached, the company will be worth $317.84 million more.
Rising wedges, especially for downward breakouts are tricky moments to trade. Investors must be aware that the break even failure rate for up or down breakouts is: 8% and 24%. The average rise is 28% and the decline is 14%. Wedges has high throwback and pullback rate: 73%, 63% and the percent of wedges meeting target is not more than 50%.

The stock increased 1.52% or $0.64 during the last trading session, reaching $42.72. About 2.12M shares traded or 220.19% up from the average. Keysight Technologies, Inc. (NYSE:KEYS) has risen 44.25% since December 8, 2016 and is uptrending. It has outperformed by 27.55% the S&P500.

Keysight Technologies, Inc. (NYSE:KEYS) Ratings Coverage

Among 10 analysts covering Keysight Technologies Inc (NYSE:KEYS), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Keysight Technologies Inc had 30 analyst reports since August 17, 2015 according to SRatingsIntel. As per Monday, August 17, the company rating was initiated by Goldman Sachs. The rating was maintained by Jefferies on Wednesday, September 27 with “Buy”. Jefferies maintained it with “Buy” rating and $50 target in Thursday, June 1 report. Robert W. Baird upgraded it to “Outperform” rating and $35 target in Thursday, August 20 report. The company was maintained on Wednesday, August 30 by Stifel Nicolaus. On Wednesday, February 3 the stock rating was initiated by Goldman Sachs with “Neutral”. The firm has “Buy” rating by Deutsche Bank given on Monday, September 19. Goldman Sachs initiated Keysight Technologies, Inc. (NYSE:KEYS) on Monday, June 5 with “Neutral” rating. The firm earned “Hold” rating on Tuesday, December 1 by Deutsche Bank. As per Wednesday, June 7, the company rating was maintained by Deutsche Bank.

More notable recent Keysight Technologies, Inc. (NYSE:KEYS) news were published by: Nasdaq.com which released: “Keysight Technologies Inc. Q4 Earnings Climb 23%” on December 06, 2017, also Nasdaq.com with their article: “Keysight (KEYS) Beats on Earnings in Q4, Revenues Rise Y/Y” published on December 07, 2017, Businesswire.com published: “Keysight Technologies to Present at Barclays Global Technology, Media and …” on November 14, 2017. More interesting news about Keysight Technologies, Inc. (NYSE:KEYS) were released by: Businesswire.com and their article: “Keysight Technologies Announces Departure of Bethany Mayer; Mark Pierpoint …” published on November 14, 2017 as well as Businesswire.com‘s news article titled: “Keysight Technologies Teams With European Space Agency, Airbus, SpaceTech GmbH …” with publication date: November 29, 2017.

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