The Hain Celestial Group, Inc. : The share is well oriented
Entry price | Target | Stop-loss | Potential |
---|
$80.3 |
$87 |
$79.8 |
+8.34% |
---|
The Hain Celestial Group could exceed the symbolic threshold of USD 81.9.
From a fundamental viewpoint, despite a high valuation, analysts polled by Thomson Reuters have regularly revised upward the earning per share estimates. Consequently, profitability is improving, showing a relatively good financial health for the company.
Technically, the stock is moving in an upward trend for many weeks. This movement reflects a buyer enthusiasm confirmed also by the well orientation of the moving averages. The security is going toward USD 81.9 and would give a strong buying signal if the crossing is confirmed in daily closing.
Therefore, investors could take a long position in The Hain Celestial Group, on crossing of the USD 81.9 mid-term resistance, to target the USD 87 (swing effect). A stop loss should be placed bellow the entry point.
The content herein constitutes a general investment recommendation, prepared in accordance with provisions aimed at preventing market abuse by Surperformance, the publisher of MarketScreener.com. More specifically, this recommendation is based on factual elements and expresses a sincere, complete, and balanced opinion. It relies on internal or external data, considered reliable as of the date of their release. Nevertheless, this information, and the resulting recommendation, may contain inaccuracies, errors, or omissions, for which Surperformance cannot be held responsible. This recommendation, which in no way constitutes investment advice, may not be suitable for all investor profiles. The reader acknowledges and accepts that any investment in a financial instrument involves risks, for which they assume full responsibility, without recourse against Surperformance. Surperformance commits to disclosing any conflict of interest that may affect the objectivity of its recommendations.