Smiths Group plc (LON:SMIN)

[SMR]

Smiths Group plc is a technology company. The Company designs, manufactures and delivers solutions across a range of applications and end markets from healthcare, energy and petrochemicals through to threat and contraband detection, telecommunications and equipment manufacture. It has five divisions: Smiths Detection, Smiths Medical, John Crane, Smiths Interconnect and Flex-Tek. These divisions serve a range of global customers including governments and their agencies, petrochemical companies, hospitals, telecommunications companies and equipment manufacturers in a variety of sectors globally. The Company is focused on the threat and contraband detection, medical devices, energy, communications and engineered components markets across the world.

Official website: www.smiths-group.com

[jonsmith]

SMITHS GROUP PLC



BUY

TARGET 1230


Trend line of SMITHS GROUP PLC shows buying strength.

Resistance level of 1218







CHART FORMATION:-

Stock is trading in a range and trading near the trendline. Breaking the resistance line will lead to upside movement. Stock is trading above the 50 DMA with positive bias.