KUKA AG : A well-established uptrend
Entry price | Target | Stop-loss | Potential |
---|---|---|---|
€25.25 | €0 | €23.6 | -100% |
Technically, the security shows a bullish configuration on all time scales. Prices are supported by increasing moving averages. In weekly data, 20-week moving average helps the stock to keep its uptrend.
Thanks to these good indicators, it seems relevant to take a long position in KUKA at the current price. The target price is the EUR 30.25 resistance. A stop loss will be fixed under the EUR 23.7 short term because a breakdown of this level would damage technical pattern.