Thyssenkrupp stock has shown an overall mixed performance in recent weeks. The stock last closed at 7.01€ on Tuesday, down 1.5% from the start of the week. Despite the recent volatility, rating agency Fitch Ratings has changed its outlook for the company from stable to positive. This change is based on a significant debt reduction over the last three years and the expectation of improved cash flow for the years 2023 to 2025.
- Price: 7.01 EUR
- GD200: 6.83 EUR (rising)
Support and resistance levels
The Thyssenkrupp share is currently moving between a medium-term support level around 6.38€ and a resistance level around 7.54€. These levels could be crucial when it comes to the stock’s future development. Traders should keep a close eye on these levels as they could signal possible turning points or acceleration phases.
Sollten Anleger sofort verkaufen? Oder lohnt sich doch der Einstieg bei Thyssenkrupp?
Should investors sell immediately? Or is it worth investing in Thyssenkrupp after all?
- Medium-term support level: 6.38 EUR
- Medium-term resistance level: 7.54 EUR
Operational strengths as backbone
The rating confirmed by Fitch is in line with Thyssenkrupp’s improved business profile. The company’s restructuring and portfolio optimization efforts, supported by strong liquidity and a conservative capital structure, place thyssenkrupp shares as a reputable option for investors interested in a diversified industrial and technology stock/asset.
Sollten Anleger sofort verkaufen? Oder lohnt sich doch der Einstieg bei Thyssenkrupp?
- Restructuring and portfolio optimization efforts
- Strong liquidity
- Conservative capital structure
Outlook and conclusions
For investors, the positive valuation of Thyssenkrupp stock represents a glimmer of hope. However, it is worth keeping an eye on further developments, especially with regard to support and resistance levels as well as the company’s performance in the coming quarters.
Buy, hold, or sell? – Your analysis of Thyssenkrupp 20/09 provides the answer:
What are the prospects for Thyssenkrupp´s development? Is this stock a safe investment for your money?
The answers to these questions and why you need to act now can be found in the current analysis of Thyssenkrupp stock.
Autor
Kaufen, halten oder verkaufen - Ihre Thyssenkrupp-Analyse von 24.11. liefert die Antwort:
Wie wird sich Thyssenkrupp jetzt weiter entwickeln? Ist ihr Geld in dieser Aktie sicher? Die Antworten auf diese Fragen und warum Sie jetzt handeln müssen, erfahren Sie in der aktuellen Analyse zur Thyssenkrupp Aktie
