DS Smith company has still an uptrend and could go toward its highest level.

The economic and financial situation of the company is still strong. Debt is decreasing rapidly and the leverage will be reduced at 1.63 against 2.13 for this current year.

Technically, the security is in an uptrend on all time scales and it is supported by moving averages. The bullish trend will not be stopped until prices are above the GBp 202.4 short term support. This trend should allow the stock to reach its GBp 214.9 long term resistance, which will be the first target price.

Thanks to these good indicators, it seems relevant to take a long position in DS Smith at the current price. The target price is the GBp 214.9 resistance. A stop loss will be fixed under the GBp 202.4 short term because a breakdown of this level would damage technical pattern.