Technically, the security is in a negative configuration in the short term as the bearish trend of the 20-day moving average, currently at USD 22.4, shows. Nevertheless, the stock seems in an oversold situation, near to its USD 19.5 support in daily data. This level might stop the bearish trend in the short term.
So as to make the most of a potential technical rebound of Interface, it seems opportune to open a long trade at current prices. A confirmation of this pattern would enable the security to reach the USD 22.1 resistance, with a potential gain of 11.8%. Investors should not insist under USD 19.5 and are better of placing a stop-loss order under this threshold.
Interface, Inc. is a global flooring company. The Company is specializing in carbon neutral carpet tile and resilient flooring, including luxury vinyl tile (LVT), vinyl sheets, and nora rubber flooring. Its segments include Americas (AMS) and Europe, Africa, Asia and Australia (EAAA). The AMS segment includes the United States, Canada and Latin America geographic areas. It markets modular carpet under the brand names Interface and FLOR. It produces carpet tiles in a range of colors, patterns, textures, pile heights and densities. These varieties are designed to meet both the practical and aesthetic needs of commercial interiors. The Company offers a category of products, namely modular resilient flooring, and its product include LVT. It offers rubber flooring products under the noraplan and norament brands, which include in its resilient flooring portfolio. The Company also produces and sells a specially adapted version of carpet tile for the healthcare facilities market.
INTERFACE, INC. 
