Iliad
ILD
Real-time Euronext Paris - 08/16 05:35:21 pm
218.35EUR
+0.48%

A resistance level that suggests downside risk

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Laurent Polsinelli
Index and derivatives Analyst

Strategy published on : 03/16/2017 | 10:51

short sell
Stop-loss triggered

Entry price : 208.65€
Target : 200.9€
Stop-loss : 212.1€
Potential : 3.71%

Current price levels represent good timing for the opening of new short positions with respect to shares in Iliad. The resistance zone around 210.95 EUR could effectively set off a correction phase over the short term.
Summary

● The company has poor fundamentals for a short-term investment strategy.


Strengths

● The company returns high margins, thereby supporting business profitability.

● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.

● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 189.1 EUR


Weaknesses

● Stock prices approach a strong long-term resistance in weekly data at EUR 210.95.

● The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.

● The company's earnings releases usually do not meet expectations.

● With a 2017 P/E ratio at 26.5 times the estimated earnings, the company operates at rather significant levels of earnings multiples.

● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.

● For the past seven days, analysts have been lowering their EPS expectations for the company.

● For the last few months, analysts have been revising downwards their earnings forecast.

Zonebourse.com 2017
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