Servcorp: Strong Fundamentals and Double Breakout Potential

21 thg 8, 2024

Servcorp Limited SRV has demonstrated strong financial health with a rising RSI and a significant breakout on the weekly chart. After a period of consolidation following the main breakout, the stock has formed a second breakpoint, indicating further upside potential.

Fundamentals:

• Valuation Multiples: Trading at a low EBITDA and revenue valuation multiple
  
• Dividend History: Maintained dividend payments for 25 consecutive years
  
• Profitability: Profitable over the last twelve months
  
• Balance Sheet: Holds short-term obligations that exceed liquid assets
  
• Return: High return over the last year
  
• Analyst Predictions: Expected to be profitable this year
  

Technical:

• Rising RSI: Indicates strengthening momentum
  
• Strong Weekly Breakout: A significant bullish signal
  
• Second Breakpoint: After a mini consolidation following the main breakout, the stock is well-positioned for a stronger move
  
• Consolidation: Previous consolidation suggests a potentially stronger move this time
  

SRV