Short term view - SMITHS GROUP PLC : The MACD is rising.
The trend is still bullish, the invalidation level is below 1,489.00 p. The target is at 1,680.00 p.Arguments :
- The resistance has been passed.
- The MACD is rising.
- Prices are breaking above the moving average, it is a sign of strength.
Smiths Group is a global technology company. Co. is organized into five divisions: John Crane, which provides mechanical seals, seal support systems, engineered bearings and power transmission couplings; Smiths Medical, which provides infusion systems and vascular access products; Smiths Detection, which provides sensors and systems that detect and identify explosives narcotics, weapons, chemical agents, biohazards and contraband; Smiths Interconnect, which provides electronic and radio frequency board-level and waveguide devices; and Flex-Tek, which provides engineered components flexible hosing and tubing that heat and move fluids and gases.
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