MTU Aero Engines AG : The underlying trend is in force again
Entry price | Target | Stop-loss | Potential |
---|
€139.4 |
€156 |
€134.4 |
+11.91% |
---|
Shares in MTU Aero Engines show a positive technical chart pattern over the medium term. The timing to jump back on the rising trend seems good.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● In a short-term perspective, the company has interesting fundamentals.
Strengths● The share is getting closer to its long-term support in weekly data, at EUR 135.7, which offers good timing for buyers.
● The close medium term support offers good timing for purchasing the stock.
● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
● The tendency within the weekly time frame is positive above the technical support level at 135.7 EUR
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