URS Corp could exceed the symbolic threshold of USD 47.4.

From a fundamental viewpoint, the group is in a good financial situation. Sales are expected to increase by 9% on the current year.

The security is in an upward trend for several months. A running out of steam is occurred with the contact of USD 47.4. This movement is supported by the 20-day moving average and may stop any bearish inclinations. Exceeding the USD 47.4 resistance will indicate a buy signal with a target price in the area of USD 52.8.

Taking into account all these elements, investors could buy the stock above the USD 47.4. The target price is set at USD 52.8. A stop loss will be set below the effective entry point at USD 45.3.