● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● The company has solid fundamentals for a short-term investment strategy.
Strengths
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 75.8 NOK
Weaknesses
● Stock prices approach a strong long-term resistance in weekly data at NOK 87.98.
● The stock is close to a major daily resistance at NOK 88.4, which should be gotten rid of so as to gain new appreciation potential.
● The three month average target prices set by analysts do not offer high potential in comparison with the current prices.