The recent stock appreciation seems to run out of steam close to the USD resistance 42.8.

The company is worth 25.04 times estimated earnings. The valuation level of the group isn't justified. Analysts revised downwards the EPS of the group and it announces important falls to come in terms of profitability.

Graphically, after a bullish period on latter sessions toward the midterm resistance at USD 42.8, prices may consolidate on this area, in order to fill the gap at USD 40.5. Thus, a bearish scenario towards the USD 39.7 support could be preferred although the breakout over this threshold would invalidate all bearish anticipations.

Most active investors could open sellers positions on Agilent Technologies close to USD 42.8. The target will be set at USD 39.7 and a stop loss can be placed at USD 43.9, threshold invalidating the bearish strategy.