INDUS Holding AG : No turn-around in sight
Entry price | Target | Stop-loss | Potential |
---|
€50.5 |
€56 |
€48 |
+10.89% |
---|
Shares in Indus Holding AG show a positive technical chart pattern over the medium term, which suggests that the rising trend should be followed.
Strengths● Predictions on business development from analysts polled by Thomson-Reuters are tight. This results from either a good visibility into core activities or accurate earnings releases.
● The group usually releases upbeat results with huge surprise rates.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
● The tendency within the weekly time frame is positive above the technical support level at 44.14 EUR
Weaknesses● Stock prices approach a strong long-term resistance in weekly data at EUR 49.54.
● Technically, the stock approaches a strong medium-term resistance at EUR 49.54.
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