Schweiter Technologies AG : Close to an important technical resistance levels
BUY
Conditionne
Target price hit
Entry price | Target | Stop-loss | Potential |
---|
CHF 970 |
CHF 1,051.58 |
CHF 930 |
+8.41% |
---|
Schweiter Technologies AG shares are trading close to a major resistance level. Given the share's technical chart pattern, investors could anticipate that this resistance zone will be broken which could lead to new upside potential.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● The company has solid fundamentals for a short-term investment strategy.
Strengths● The company is in a robust financial situation considering its net cash and margin position.
● 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.
● This company will be of major interest to investors in search of a high dividend stock.
● Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
● The RSI level highlights a moderate predominance of sellers pressure on the stock.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 855.5 CHF
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