CompuGroup Medical continues its bullish trend in order to test new highest level.
The companys fundamentals are still strong. Sales are up 13.9% for one year. Analysts from Thomson Reuters consensus have revised largely upward their EPS estimates.
From a technical point of view, the share price is trading in a bullish trend on both short and on long term time scales. However, the buyer consensus seems to need to blow a little and a return on 20-day moving average is not excluded.
A decrease to the EUR 15.5 area allow a remobilization of a bullish consensus and then targeting a return to EUR 17 before revealing new targets upward in case of exceeding this level. The stop loss is set below EUR 15.2 short-term support.
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