Dassault Aviation SA (AM.PA) $AM Market Expected To See Soaring Demand 2020 – 2026
Impulsive Growth of Heads-Up Display (HUD) Market 2020-2026
Dassault Aviation
Ticker: AM.PA
Price: EUR 813.00
Dassault Aviation fully supports the government’s recovery plan for the aviation industry announced at the French Ministry of Economy and Finance.
This plan provides crucial assistance to the French subcontracting chain, which has been severely impacted by the Covid-19 crisis.
Business Summary
Dassault Aviation SA is a France-based company that operates in the global civil and military aviation industry.
The Company specializes in the design, manufacture and sale of combat aircrafts and executive jets. Its portfolio of products includes Falcon family for the civil aviation market, as well as Mirage 2000, Rafale and Neuron aircrafts for the military sector.
It also offers spare parts, tools and a range of services, such as technical support, maintenance and repair of airframe equipment and parts, among others.
The Company has its offices in Europe, Asia, South America and Middle East.
Dassault Aviation SA has a number of subsidiaries, located in Europe and Northern America, including DFJ-Little Rock, Sogitec Industries, DFJ Wilmington Corp., DFJ Teterboro, Dassault Falcon Service – Le Bourget, Aero-Precision Repair & Overhaul Co., Inc, Dassault Procurement Services Inc., Dassault Aircraft Services and Midway Aircraft Instruments Company.
Shayne Heffernan Trade Idea
“Our current price target of Dassault Aviation will come in around $1147.73which will give the stock a price increase of +41.17%.”
Price Performance
Relative Valuation
Technical Indicators
Overall, the bias in prices is: Downwards.
By the way, prices are vulnerable to a correction towards 835.63.
The projected upper bound is: 891.92.
The projected lower bound is: 733.30.
The projected closing price is: 812.61.
Candlesticks
A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 3 white candles and 7 black candles for a net of 4 black candles. During the past 50 bars, there have been 22 white candles and 27 black candles for a net of 5 black candles.
Three black candles occurred in the last three days. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.
Momentum Indicators
Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.
Stochastic Oscillator
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 40.6872. This is not an overbought or oversold reading. The last signal was a buy 3 period(s) ago.
Relative Strength Index (RSI)
The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 48.40. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 7 period(s) ago.
Commodity Channel Index (CCI)
The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -116.This is an oversold reading. However, a signal isn’t generated until the indicator crosses above -100. The last signal was a sell 7 period(s) ago.
MACD
The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 4 period(s) ago.
Rex Takasugi – TD Profile
DASSAULT AVIATI closed down -37.500 at 813.000. Volume was 204% above average (trending) and Bollinger Bands were 14% wider than normal.
Open High Low Close Volume 859.500 859.500 774.000 813.000 31,152
Technical Outlook Short Term: Neutral Intermediate Term: Bullish Long Term: Bearish
Moving Averages: 10-period 50-period 200-period Close: 874.70 782.83 1,033.72 Volatility: 61 62 54 Volume: 14,405 8,380 8,171
Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.
Summary
DASSAULT AVIATI is currently 21.4% below its 200-period moving average and is in an upward trend. Volatility is high as compared to the average volatility over the last 10 periods.
Our volume indicators reflect volume flowing into and out of AVMD.PA at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on AVMD.PA and have had this outlook for the last 13 periods.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of the Paris Stock Market.
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Sources:
Dassault Aviation Company Website
Thomson Reuters Metastock and Eikon financial tools
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