Breakout Soon Alert: Nuvoco Vistas Corporation Ltd.

שלשוםStock Analysis

On the weekly time frame, Nuvoco Vistas has consistently faced resistance around the 398 level, rejecting this point three times. This repeated rejection indicates a strong resistance zone. However, a breakout above this level could signal a significant bullish trend, potentially offering good returns for investors.

Key Points:

Resistance Level: 398 (tested three times)
Breakout Potential: A sustained break above this level could lead to upward momentum.
Investor Strategy: Monitor for a breakout confirmation and consider entry points accordingly.

Fundamentals:

PROS:
Company has delivered good profit growth of 67.1% CAGR over last 5 years.

CONS:
Though the company is reporting repeated profits, it is not paying out dividend.
Company has low interest coverage ratio.
The company has delivered a poor sales growth of 8.76% over past five years.
Company has a low return on equity of 2.30% over last 3 years.

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