According to Surperformance© ratings, the company constitutes an opportunity for a trading strategy. Analysts have lately revised upward their EPS estimates and count on EPS of USD 3.69 for this year.

The stock has fall down for many weeks and now back on the USD 33 support already tested 2 times.This situation gives credit to a potential technical rebound towards the next resistance and the daily moving averages. Thus, the stock could find new energy and would rise towards the next USD 33 resistance.

Considering technical and fundamental elements, it seems to be an appropriate timing to immediately open a long trade in Cooper Tire & Rubber in order to benefit from the USD 33 support area.
A first target price will be the USD 35.1 resistance, ie a potential of around 6%. A stop-loss order will be placed under the mid-term support currently tested. Only a crossing of USD 35.1 would validate a bullish trend in order to aim a higher target price.