Altran Technologies is still well oriented and is going to new highs.
From a fundamental viewpoint, the group is in a good financial situation. Analysts widely revised upward in recent times their earnings per share estimates, which is a reliable indicator reflecting the company is healthy.
Technically, the stock is moving in an upward trend for many weeks. This movement reflects a buyer enthusiasm confirmed also by the well orientation of the moving averages. The security is going toward EUR 5.85 and would give a strong buying signal if the crossing is confirmed in daily closing.
Given these elements, most active investors could take a buy position and aim to cross the EUR 5.85 resistance for a new bullish signal. A stop loss is placed below the EUR 5.8.