Bell Food Group AG : Good timing based on weekly price data
Entry price | Target | Stop-loss | Potential |
---|
CHF 230 |
CHF 250 |
CHF 219 |
+8.7% |
---|
Bell Food Group AG shares reflect an interesting technical chart pattern from a medium term view In fact, the support at 226.5 CHF represents an important technical support area based on weekly price data that could limit downward movements by the stock.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● The company has solid fundamentals for a short-term investment strategy.
Strengths● The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at CHF 226.5 CHF in weekly data.
● Share prices are approaching a strong support area in daily data, which offers good timing for investors.
● The stock, which is currently worth 2020 to 0.54 times its sales, is clearly overvalued in comparison with peers.
Weaknesses● The company sustains low margins.
● The underlying tendency is negative on the weekly chart below the resistance at 251.5 CHF
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