From a fundamental viewpoint, the company is strong. It has a reasonable valuation with an EV/Sales ratio of 1.24x. Moreover, the Thomson Reuters consensus revised regularly upward EPS estimates of the company for the current year since january 2014.

Technically, the security shows a bullish configuration on all time scales. Prices are supported by increasing moving averages. Furthermore, in weekly data, 20-week moving average helps the stock to keep its uptrend.

According to both technical and fundamental elements, it seems opportune to take a long position at the current price. The bullish trend should allow the security to reach the trendlinde at EUR 13. A stop loss will be placed under the EUR 12 short term support to avoid a downtrend.