One of the values that has surprised the most in recent days is Duro Felguera, since while equities in our country have depreciated since mid-March, in this case it has gone against the tide. Being one of the few securities on the national continuous market that has obtained positive results in the interests of small and medium investors. To the point of being at very high levels close to 0,50 euros for each share. When a short time ago he is testing the barrier of 0,20 and in a very clear downtrend and from which nothing positive could be obtained to enter his positions from any kind of investment strategy.
Within this scenario in general, and despite everything, it is a stock without any technical appeal for the moment whose hope of continuing to rise lies in the exceeded average of 200 on the daily chart. It is one of the keys to starting positions in this company with a very low market capitalization. Well, at the moment he is facing the litmus test to try to improve his technique, this being the last resistance formed at the end of last year.
But despite everything, small and medium investors have no choice but to have a lot of caution with this type of financial assets. Especially because the trend is clear, bearish and we also have only a slight sign of improvement to make some purchases from now on. Taking into account that it is a different value from the rest and that therefore it is more complex to make the available capital profitable. Where the risk is always much more pronounced because it is not governed by the same rules in the remaining values of the variable income of our country. And any error in the calculation can cost us a lot of money in the operations that have been started from this precise moment.
Duro Felguera: at 0,46 euros
This small value of the national stock market tries these days to overcome the resistance that it has just at 0,50 euros for each share. It is the key level so that it can improve its technical aspect from that moment, although with more doubts than in other stock values because it has very special characteristics that make it very difficult to operate. On the other hand, we should not forget that Duro Felguera is a security that a priori is not the most recommended for traditional investment operations due to the risks involved. With a volatility that is so extreme that it can lead to very high differences between its maximum and minimum prices in a single session on the stock market.
While on the other hand, we can not see that this company is integrated into what are the chicharros. These are very small capitalization securities that are aimed at investment speculation, generally in very short time operations. In none of the cases are they advised to create a stable savings exchange for the medium and long term due to their special characteristics. If not, on the contrary, for movements that may even have a few hours in duration since at any time the open positions by small and medium investors can be compromised. That is to say, what is popularly called being hooked and which refers to having a price very far from that of your purchase.
Short-term trend change
At the moment the biggest challenge for Duro Felguera's shares is to overcome the resistance it has in the short term at 0,50 euros. If this is achieved, there is no doubt that its technical aspect would improve somewhat and even some small purchases could be made in the very short term to try to carry out rapid gains and undo positions immediately from that moment on. In this context, there will be no choice but to be very aware in the coming days of its evolution in the equity markets before what may happen in this scenario that is dominated by the spread of the pandemic around the world. Beyond another series of technical considerations that can mark its valuation on the stock market from now on.
No less important is the fact that this company has been in a notable downtrend for many years and that it will have a hard time getting out of it. Despite the fact that in recent months it has shown a notable improvement that led it to quote at the moment at levels close to 0,45 euros per share. In what can be considered as a declaration of intent with regard to the medium term. But with the same risks as before and that is what makes it very reluctant to the interests of small and medium investors with a more conservative or defensive profile. To the detriment of the most speculative users who will be the most likely to take positions in the current situation in which this company in the national continuous market operates.
Changes in its shareholding
In any case, Duro Felguera has distinguished himself in recent months by a change in the management of his direction. Because in effect, the Asturian company has revalued strongly in recent days after announcing changes in its governing council. Where the Asturian industrial infrastructure provider has placed Rosa Isabel Aza at the head of the company, as the new president, and proclaimed the signing of jordi seville as an independent director. And these changes can help the listed company to have a positive evolution in the equity markets for the first time in many years. To the point that it is technically ready to overcome the significant resistance it currently has at the levels of 0,50 euros per share.
On the other hand, it must also be appreciated that their actions come from very low and this is always a problem to change the trend. Not surprisingly, it has gone from 0,130 euros per share to 0,257 euros in the first tranche of the reaction. And in others that it has taken them to the current levels in their price and that is one of the highest in recent years and that therefore has encouraged some small and medium investors to take positions, although under very small operations for the moment. Because you can correct your positions and debug the bounce you have developed in this period of time. Because the peas They are a series of values that are very complex to predict in the equity markets.
Strategies to develop with the value
From now on, it only remains that it can exceed the levels of 0,50 euros so that it can aspire to more ambitious levels from that precise moment. But always under very undemanding operations from the point of view of their monetary contributions because this class of stock values are not carried by the same rules of action as in the rest. To the point that they can surprise at the least expected moment for financial intermediaries, something that has happened with some frequency in the last years of trading. Therefore, you have to be prepared for the worst if you opt for this possibility in investment since you can leave many euros on the road from this moment.
On the other hand, Duro Felguera is a company listed in the euro unit and this is always a problem for the movements carried out in the stock markets. Because in fact, in this price range it is difficult to get out, as has been shown in other values with these same characteristics. In any case, it is necessary to determine which stock market is still a bad tool for the securities that are considered as peas after the expansion of the coronavirus. Among other reasons, because the risks of its operations are much more latent than before the month of March.
All movements go through exceeding the level it currently has at 0,50 euros or, what is the same, half a euro unit. Being a business group in our country with an international presence, specialized in the execution of turnkey projects for the energy and industrial sectors, as well as. And that in all cases, it has been one of the fixed small caps in our equity market. Although with very well-defined characteristics and intended for a very clear investment profile that is immersed in the most aggressive operations in this kind of financial markets. So that in the end there are no errors in investment planning, which is what it is about.