Addtech AB : The trend should regain control
| Entry price | Target | Stop-loss | Potential |
|---|
|
SEK 146.75 |
SEK 154.5 |
SEK 141.99 |
+5.28% |
|---|
The current trading zone is interesting to the point that investors should pay attention to the stock and anticipate a return of the underlying upward trend.
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.
● Sales forecast by analysts have been recently revised upwards.
● For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
● The stock is in a well-established, long-term rising trend above the technical support level at 120.25 SEK
● Stock prices approach a strong long-term resistance in weekly data at SEK 153.
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ADDTECH AB 
