RTX Corporation : There is still some upside potential
Entry price | Target | Stop-loss | Potential |
---|
US$0 |
US$115.1 |
US$107.5 |
+∞% |
---|
United Technologies Corporation shares show a positive technical situation which suggests a continuation of the upward dynamic over the medium term.
Summary● The company has solid fundamentals for a short-term investment strategy.
Strengths● The group's high margin levels account for strong profits.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● 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 98.89 USD
Weaknesses● The stock is close to a major daily resistance at USD 109.18, which should be gotten rid of so as to gain new appreciation potential.
● Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.
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