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Is Agilent Technologies Due for a Rally?
The tech stock has broken its downtrend, and its moving averages are beginning to slope upward.
Brandon Perry    

This article was originally posted on the Buzz & Banter where subscribers can follow over 30 professional traders as they share their ideas in real time. Want access to the Buzz plus unlimited market commentary? Click here to learn more about MVPRO+.

Agilent Technologies Inc (NYSE:A) has long been one of my favorite tech stocks. Its fundamentals are very good, but it's definitely a slow grower. The company had a bit of a slowdown in free cash flow generation, but it seems to be turning the corner again. Current assets are enough to pay off all liabilities if it wants to.



From a technical analysis perspective, I see it like this:

1. The downtrend was broken and retested, so we are moving into a bullish phase.

2. The 200-day moving average provided strong resistance against the downtrend.

3. We have a double bottom in place.

4. The moving averages have come together nicely but are both sloping upward again.

5. We have a third higher high, which confirms a trend since the bottom.

I am considering adding a position soon to this name.
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No positions in stocks mentioned.
Is Agilent Technologies Due for a Rally?
The tech stock has broken its downtrend, and its moving averages are beginning to slope upward.
Brandon Perry    

This article was originally posted on the Buzz & Banter where subscribers can follow over 30 professional traders as they share their ideas in real time. Want access to the Buzz plus unlimited market commentary? Click here to learn more about MVPRO+.

Agilent Technologies Inc (NYSE:A) has long been one of my favorite tech stocks. Its fundamentals are very good, but it's definitely a slow grower. The company had a bit of a slowdown in free cash flow generation, but it seems to be turning the corner again. Current assets are enough to pay off all liabilities if it wants to.



From a technical analysis perspective, I see it like this:

1. The downtrend was broken and retested, so we are moving into a bullish phase.

2. The 200-day moving average provided strong resistance against the downtrend.

3. We have a double bottom in place.

4. The moving averages have come together nicely but are both sloping upward again.

5. We have a third higher high, which confirms a trend since the bottom.

I am considering adding a position soon to this name.
< Previous
  • 1
Next >
No positions in stocks mentioned.
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Is Agilent Technologies Due for a Rally?
The tech stock has broken its downtrend, and its moving averages are beginning to slope upward.
Brandon Perry    

This article was originally posted on the Buzz & Banter where subscribers can follow over 30 professional traders as they share their ideas in real time. Want access to the Buzz plus unlimited market commentary? Click here to learn more about MVPRO+.

Agilent Technologies Inc (NYSE:A) has long been one of my favorite tech stocks. Its fundamentals are very good, but it's definitely a slow grower. The company had a bit of a slowdown in free cash flow generation, but it seems to be turning the corner again. Current assets are enough to pay off all liabilities if it wants to.



From a technical analysis perspective, I see it like this:

1. The downtrend was broken and retested, so we are moving into a bullish phase.

2. The 200-day moving average provided strong resistance against the downtrend.

3. We have a double bottom in place.

4. The moving averages have come together nicely but are both sloping upward again.

5. We have a third higher high, which confirms a trend since the bottom.

I am considering adding a position soon to this name.
< Previous
  • 1
Next >
No positions in stocks mentioned.
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