The upward trend could spur E2V Technologies in coming sessions.

The group enjoys of upward revisions in earnings per share and growth prospects. Indeed, according to the consensus made by Thomson Reuters analysts, sales are expected to grow in the next years.

E2V Technologies shows a bullish configuration in the medium and long term. In weekly data, moving averages are well-oriented. The current pattern shows a trend that remains very progressive, nevertheless, a consolidation phase have just begun and this could become appealing in the coming sessions.

Dropping prices could be considered above the GBp 224 area, it would represent an interesting level for buyers and hence target GBp 246.5. A stop loss will be fixed below the entry point to limit risks.