SAF-Holland SE : Close to an important technical resistance levels
Entry price | Target | Stop-loss | Potential |
---|
€0 |
€19 |
€16.6 |
+∞% |
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SAF Holland shares are trading close to a major resistance level. Given the share's technical chart pattern, investors could anticipate that this resistance zone will be broken which could lead to new upside potential.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● In a short-term perspective, the company has interesting fundamentals.
Strengths● The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
● Sales forecast by analysts have been recently revised upwards.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The tendency within the weekly time frame is positive above the technical support level at 14.78 EUR
Weaknesses● Stock prices approach a strong long-term resistance in weekly data at EUR 17.4.
● The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
● The company's earnings releases usually do not meet expectations.
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