ION BEAM APPLICATIONS
Short

Ion Beam Applications S.A. (IBAB) 1W

12
Technical Analysis

The chart shows a breakout of the weekly ascending trendline and the formation of a "rising wedge", indicating a potential decline.

Key Levels:

- Support: 11.46 EUR, 9.00 EUR
- Resistance: 13.06 EUR, 14.01 EUR

Fundamental Analysis

Ion Beam Applications is a leader in radiation therapy and medical accelerators.

Factors influencing the stock:

- Financials: Revenue growth but high volatility.
- Macroeconomics: Interest rate impact on the tech sector.
- Competition: Rivalry with Varian and Elekta.

A breakdown below 11.46 EUR could open the way to 9.00 EUR. To regain an uptrend, the stock needs to reclaim 13.06 EUR.

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