AKKA Technologies SE : Back on key levels based on weekly price data
| Entry price | Target | Stop-loss | Potential |
|---|
|
€56.3 |
€61.7 |
€54.9 |
+9.59% |
|---|
Technically, timing appears good within a medium term time horizon to buy shares in AKKA Technologies SE. The technical support area at 54.9 EUR effectively limits downside risk and should allow the stock to get back into an upward dynamic.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● The company has solid fundamentals for a short-term investment strategy.
● The share is getting closer to its long-term support in weekly data, at EUR 54.9, which offers good timing for buyers.
● Graphically speaking, the timing seems perfect for purchasing the stock close to the EUR 54.9 support.
● The company shows low valuation levels, with an enterprise value at 0.74 times its sales.
● Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
● Analysts covering the stock have recently lowered their earnings forecast.
● The technical configuration over the long term remains negative on the weekly chart below the resistance level at 62.2 EUR
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.
AKKA TECHNOLOGIES SE 
