● In a short-term perspective, the company has interesting fundamentals.
Strengths
● Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years.
● The group usually releases upbeat results with huge surprise rates.
● Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● For the past twelve months, EPS forecast has been revised upwards.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 279.15 USD
Weaknesses
● Stock prices approach a strong long-term resistance in weekly data at USD 323.62.
● The stock is close to a major daily resistance at USD 324.05, which should be gotten rid of so as to gain new appreciation potential.
● Low profitability weakens the company.