Fundamental Analysis:
Stimated EPS for 2022 of 1,55. PER ratio average of 16x in last 5 years. Potential price in 2022 of 1,55*16 = 24,8$
TECHNICAL Analysis:
Head and shoulders pattern, price moving obove 200 moving average.
From a fundamental viewpoint, Mastech Digital, Inc ( AMEX:MHH ) appears to be in great shape. In addition, when looking at a long term monthly chart, we have what appears to be a possible bullish flag scenario playing out. When we zoom in and look at the shorter term daily chart (shown), we see a clear downward trendline, acting as resistance, currently coming...
Its moving averages of 63, 126 and 252 periods have been closing.
It has strong support around $ 15.
It has resistance around $ 20.
It comes closing a triangle (bullish).
The long-term trend remains bullish.
"Mastech Digital is a leading provider of Digital Transformation IT Services. The Company offers Data Management and Analytics Solutions, Digital...
ST
LLLH
Y1>Y2 + no power down
fibo hit down + hit up
LT
HHHL
Y1<Y2 + got power up
fibo hit up, no hit down
it should make reversal up soon
STAR STEP if W&R
TP @ 31.11
SL @ 15.17
Mastech Digital (MHH #2) is a leading provider of Digital Transformation IT Services. On its Data and Analytics Services segment, MHH sees this segment as having huge potential. The company has been seeing good traction for its expanded service offerings globally. In 2020, this segment's main goal is to broaden its geographical reach beyond North America into...
