In the past few sessions, Kraton Performance Polymers Inc shares have suffered from a sharp fall and is now coming back to significant level support.

From a fundamental viewpoint, the security is cheap with a P/E Ratio of 4.18x for 2016. Besides, EV/Sales is low with a ratio at 0.73x for this year.

Technically, in daily data, even if moving averages are still in a downtrend, a positive reaction in the USD 13.8 area should stop this trend and allow a technical rebound towards USD 16.1. Moreover, technical indicators show a significant oversold condition which strengthens this bullish scenario.

So as to make the most of a potential technical rebound of Kraton Performance Polymers it seems opportune to open a long trade at current prices. A confirmation of this pattern would enable the security to reach the USD 16.1 resistance.
Investors should not insist under USD 13.8 and are better of placing a stop-loss order under this threshold.