Spectris company seems to faces the end of its technical rebound.

From a fundamental viewpoint, analysts have largely downgraded their EPS expectations regarding 2014 and 2015.

Regarding the technical configuration, the stock remains rooted in a bearish trend. Indeed, prices have rebounded on the GBp 2006 resistance and should start a bearish dynamic toward the short term support at GBp 1884.

Therefore, the proximity of mid-term resistance suggests a consolidation or a correction phase in the coming sessions. The most offensive will open a short position at the current price to target a return on the GBp 1884 support. The trade should be protected with a stop loss set above GBp 2006.