Jungheinrich AG : Investors could aim for a turn-around of the trend
BUY
Conditionne
Stop-loss triggered
Entry price | Target | Stop-loss | Potential |
---|
€33.4 |
€36 |
€31.3 |
+7.78% |
---|
The technical chart pattern of Jungheinrich AG shares shows signs of a medium term reversal, which speaks in favor of opening new long positions.
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● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● The group usually releases upbeat results with huge surprise rates.
● The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
Weaknesses● The stock is close to a major daily resistance at EUR 33.22, which should be gotten rid of so as to gain new appreciation potential.
● The technical configuration over the long term remains negative on the weekly chart below the resistance level at 34.86 EUR
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