INDUS Holding AG : The resistance should give in
Entry price | Target | Stop-loss | Potential |
---|
€64.7 |
€67 |
€62.9 |
+3.55% |
---|
Below the resistance zone that is currently being tested, the potential for new gains appears limited for shares in Indus Holding AG. The stock's technical chart pattern suggests however that the level will be broken.
Strengths● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● The group usually releases upbeat results with huge surprise rates.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The tendency within the weekly time frame is positive above the technical support level at 51.65 EUR
Weaknesses● Stock prices approach a strong long-term resistance in weekly data at EUR 64.72.
● The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
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