Keysight Technologies, Inc. (KEYS) on Focus After Forming Wedge Up Chart Pattern

December 7, 2017 - By Louis Casey

Investors sentiment decreased to 1.2 in 2017 Q2. Its down 0.33, from 1.53 in 2017Q1. It turned negative, 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.
Moreover, Cwm Ltd has 0% invested in Keysight Technologies, Inc. (NYSE:KEYS). Independent Port Consultants invested in 0.01% or 492 shares. 266,907 are owned by Citadel Advsrs Ltd Liability Co. Cypress Capital Limited Liability Company holds 75,315 shares. First Trust Advisors Lp reported 737,052 shares or 0.08% of all its holdings. Aqr Cap Mngmt Limited Liability reported 0.01% in Keysight Technologies, Inc. (NYSE:KEYS). Ariel Invests Ltd Liability Com invested 2.15% of its portfolio in Keysight Technologies, Inc. (NYSE:KEYS). Baystate Wealth Mngmt Ltd Liability Corp holds 0% or 130 shares in its portfolio. Invesco Limited stated it has 0.05% of its portfolio in Keysight Technologies, Inc. (NYSE:KEYS). Louisiana State Employees Retirement invested in 0.09% or 48,200 shares. Weiss Multi stated it has 49,000 shares or 0.08% of all its holdings. 7,639 were reported by Cibc Asset Mngmt. Live Your Vision Limited Liability Company invested in 50 shares. Geode Capital Mngmt Limited Liability owns 1.53M shares or 0.02% of their US portfolio. Hahn Management Ltd Com holds 0% or 1.01M 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. Credit Suisse initiated Keysight Technologies, Inc. (NYSE:KEYS) on Monday, May 8 with “Outperform” rating. Goldman Sachs initiated the stock with “Neutral” rating in Monday, August 17 report. The stock has “Buy” rating by Deutsche Bank on Monday, September 19. The stock has “Sell” rating by Goldman Sachs on Wednesday, March 9. The stock has “Neutral” rating by Robert W. Baird on Friday, January 8. Stifel Nicolaus maintained Keysight Technologies, Inc. (NYSE:KEYS) rating on Wednesday, August 30. Stifel Nicolaus has “Hold” rating and $40.0 target. Robert W. Baird maintained the shares of KEYS in report on Friday, August 25 with “Buy” rating. The rating was initiated by Bank of America on Wednesday, April 5 with “Buy”. Credit Suisse maintained Keysight Technologies, Inc. (NYSE:KEYS) rating on Thursday, August 31. Credit Suisse has “Outperform” rating and $49 target. On Tuesday, December 1 the stock rating was initiated by Deutsche Bank with “Hold”.

More notable recent Keysight Technologies, Inc. (NYSE:KEYS) news were published by: Businesswire.com which released: “Keysight Technologies Announces Departure of Bethany Mayer; Mark Pierpoint …” on November 14, 2017, also Businesswire.com with their article: “Keysight Technologies to Present at Barclays Global Technology, Media and …” published on November 14, 2017, Businesswire.com published: “Keysight Technologies Teams With European Space Agency, Airbus, SpaceTech GmbH …” on November 29, 2017. More interesting news about Keysight Technologies, Inc. (NYSE:KEYS) were released by: Nasdaq.com and their article: “Keysight (KEYS) to Gain From 5G Initiatives in Q4 Earnings” published on December 05, 2017 as well as Nasdaq.com‘s news article titled: “Keysight Technologies Inc. Q4 Earnings Climb 23%” with publication date: December 06, 2017.

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