Airbus the ascent to stock market records still in progress
Analysis published on Monday, April 17, 2023
The action of the European aircraft manufacturer continues to appreciate in a favorable stock market environment which sees the CAC 40 align record after record. As for the Airbus share, we are not very far from it since the highest absolute levels are located at €139, or barely 8% above current prices. They had been reached just before the COVID crisis which had logically put a stop to this beautiful bullish ride.
For the moment there is no sign of excitement on the title which continues its upward movement inside a bullish channel, drawn in green on the graph above. No tension either to note for the moment on the technical indicators like the RSI which remains below its overbought zone. The signals are therefore still positive to continue the upward trend in the case and envisage absolute records in a few weeks if the markets remain as buoyant as ever.
Note that Airbus will distribute a dividend of €1.420 per share on April 25.
© www.abcbourse.com
Want more analysis and daily trading signals?
Boost your portfolio with ABC Premium Stock Exchange !
Did you like this article ? Share it with your friends by clicking on the buttons below:
The information and analyzes disseminated by ABC Bourse only constitute a decision-making aid for investors. ABC Bourse cannot be held liable directly or indirectly following the use of information and analyzes by readers. It is recommended that any uninformed person consult a professional adviser before any investment. This indicative information does not in any way constitute an incitement to sell or a solicitation to buy.
