UCB : Good timing based on weekly price data
Entry price | Target | Stop-loss | Potential |
---|
€67.1 |
€71 |
€65 |
+5.81% |
---|
After several weeks of decline, shares in UCB are approaching an important technical support area around 65.56 EUR on the weekly chart. These levels represent attractive entry points.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
Strengths● The share is getting closer to its long-term support in weekly data, at EUR 65.56, which offers good timing for buyers.
● The company returns high margins, thereby supporting business profitability.
● Thanks to a sound financial situation, the firm has significant leeway for investment.
● Historically, the company has been releasing figures that are above expectations.
Weaknesses● Analysts covering the stock have recently lowered their earnings forecast.
● Below the resistance at 71.56 EUR, the stock shows a negative configuration when looking looking at the weekly chart.
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