Hello Guys I hope you are doing well. Here I bring the complete analysis of EXPLEO SOLUTIONS.
Please Go through all analysis which I have presented to you in a very easy to understand language.
Fundamental Analysis: Expleo Solutions
1. About the Company: >>Fast-growing software company, especially with banks. >>Small-cap but growing steadily.
2. Financial Strength: >>Almost no debt, a good sign. >>Profits increasing by around 33% annually over 5 years.
3. Profitability: >>Good at making money, with an average of 26.8% profit on what it owns.
4. Ownership Changes: >>Founders have increased their ownership by about 14.9% recently. Foreign investors are also buying more shares.
5. Future Expectations: >>Predicted to have a strong quarter ahead. >>In summary, Expleo Solutions is financially healthy, profitable, and with increasing interest from its owners and investors, it's looking forward to a positive upcoming quarter.
Technical Analysis:
1. Current Trend and Patterns: >>In the Daily timeframe, the stock is moving sideways. >>Initially, it formed a descending triangle pattern and broke out, but later retraced and created a "double bottom" indicating W shape recovery. >>We can also find an another pattern called Ascending Parallel channel pattern, connecting to the previous triangle pattern. >>Presently, the stock appears to be consolidating within this parallel channel pattern.
2. Price Reaction and Support: >>After Q1 earnings, the stock experienced a sharp 25% decline, reaching its support level. >>This significant drop could be due to resistance acting as a barrier. >>Despite the fall, sales and profit ratios indicate stability.
3. Current Situation and Momentum: >>The stock is currently available at a discounted level. >>Over the past 4 days, it has shown consistent upward movement. >>Positive RSI levels suggest favorable momentum.
4. Consideration for Entry: >>Considering the recent positive movement and RSI indications, entering the stock could be considered. >>Place a logical stop loss at 10% to manage risk. >>The potential target is a 25% profit.
5. Buying at Support vs. Breakout: >>Purchasing at the support level is safer compared to buying at breakout points. >>Although it might take longer to see gains, it reduces the risk associated with breakout trading.
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Note: This is for informational purposes only. Do your own research before investing.
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