Keysight Technologies, Inc. (KEYS) Formed Wedge Up Pattern; Buyers Could Thrive

December 7, 2017 - By Marguerite Chambers

Investors sentiment decreased to 1.2 in 2017 Q2. Its down 0.33, from 1.53 in 2017Q1. It dropped, 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.
First Personal Financial Svcs has 0% invested in Keysight Technologies, Inc. (NYSE:KEYS). Credit Agricole S A holds 0% or 1,431 shares in its portfolio. Fmr Ltd Liability Co holds 7.35 million shares. Prelude Capital Management Ltd Liability Co invested in 5,330 shares or 0.02% of the stock. Cantab Cap Prtn Llp reported 0% of its portfolio in Keysight Technologies, Inc. (NYSE:KEYS). Aperio Lc owns 94,924 shares. Utd Automobile Association has 16,848 shares for 0% of their portfolio. 266,907 are owned by Citadel Advisors Ltd Liability. Ls Inv Advisors Lc has invested 0.04% of its portfolio in Keysight Technologies, Inc. (NYSE:KEYS). Moreover, Fdx Advisors Incorporated has 0.02% invested in Keysight Technologies, Inc. (NYSE:KEYS). Gsa Ptnrs Limited Liability Partnership stated it has 101,812 shares or 0.26% of all its holdings. Cwm Limited Liability Company reported 0% stake. D E Shaw Company reported 0.13% of its portfolio in Keysight Technologies, Inc. (NYSE:KEYS). Natixis holds 0.09% or 192,320 shares. Benjamin F Edwards & holds 0% of its portfolio in Keysight Technologies, Inc. (NYSE:KEYS) for 583 shares.

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. Stifel Nicolaus maintained the stock with “Hold” rating in Wednesday, June 7 report. The firm has “Buy” rating by Jefferies given on Friday, October 20. The stock of Keysight Technologies, Inc. (NYSE:KEYS) has “Outperform” rating given on Monday, May 8 by Credit Suisse. The rating was maintained by Robert W. Baird on Friday, August 25 with “Buy”. As per Monday, June 5, the company rating was initiated by Goldman Sachs. The company was maintained on Tuesday, August 22 by Jefferies. The stock of Keysight Technologies, Inc. (NYSE:KEYS) has “Buy” rating given on Monday, September 19 by Deutsche Bank. Bank of America initiated the stock with “Buy” rating in Wednesday, April 5 report. Stifel Nicolaus maintained it with “Hold” rating and $4000 target in Thursday, July 27 report. The stock has “Neutral” rating by Goldman Sachs on Monday, August 17.

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) to Gain From 5G Initiatives in Q4 Earnings” published on December 05, 2017, Businesswire.com published: “Keysight Technologies Announces Departure of Bethany Mayer; Mark Pierpoint …” on November 14, 2017. More interesting news about Keysight Technologies, Inc. (NYSE:KEYS) were released by: Businesswire.com and their article: “Keysight Technologies Teams With European Space Agency, Airbus, SpaceTech GmbH …” published on November 29, 2017 as well as Nasdaq.com‘s news article titled: “Keysight (KEYS) Beats on Earnings in Q4, Revenues Rise Y/Y” with publication date: December 07, 2017.

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