Almost Family’s share price was heavily penalized and is now in an oversold situation near to a solid support area.

From a fundamental viewpoint, Almost Family seems undervalued in terms of enterprise value. Based on the current price, its market capitalization, plus its net debt, represents 0.88 times its revenues.
Furthermore, EPS estimates have been revised upward in the last few months by analysts.

Technically, the security is in a negative configuration in the short term as the bearish trend of 20-day moving average, currently at USD 43.2, shows. Nevertheless, the stock seems in an oversold situation, near to a pertinent upward trendline. This level might stop the bearish trend in the short term.

The trading strategy can benefit from the proximity of this trendline in order to buy Almost Family with a good timing. The potential gain is around 10%. Investors might place a stop loss order at USD 37.6 in order to avoid important losses.