Qualitative fundamentals like growth, EPS revisions and sales argue for a recovery.

Regarding financials, the company seems solid. First, it benefits from a significant growth highlighted by Thomson-Reuters analysts' forecasts. Second, it has large enough profits that enables to generate substantial earnings. Sales and EPS revisions shows analysts' confidence since upward revisions were made over the last 4 months.

Technically, in weekly data, the trend stay bullish. In daily data, the stock evolve in a range GBp 495/591 for weeks. Currently close to its short term level of GBp 495, it constitutes a support for the mid and long term positive trend.

Fundamentals on the group induce long trades to be opened in Crest Nicholson Holdings' shares. The GBp 495 support lift prices and could extend the bullish movement of last weeks. The aim of the rebound corresponds to the GBp 591 level with a stop-loss order under the GBp 495.