An exit from the recently observed accumulation phase to the upside could allow for the assumption that a clear upward trend is re-established with an increase in volatility. Investors should benefit from the breakout of the € 105.5 level to target the € 110.
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.
The company shows low valuation levels, with an enterprise value at 0.77 times its sales.
Within the weekly time frame the stock shows a bullish technical configuration above the support level at 98.4 EUR
According to forecast, a sluggish sales growth is expected for the next fiscal years.
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