Milan: Alerion Clean Power up as buyers show interest
(Teleborsa) - The Leading Italian player of renewable energy stands out as it trades with a +3.96% increase.On a weekly basis, the stock is trending higher than the FTSE Italia Mid Cap. The performance of Alerion Clean Power, in fact, has been higher than the related benchmark index.
There are signals for gains in the short-term with the most immediate resistance seen at 17.18 Euros and support of the current trading range at 16.38. Alerion Clean Power's steady uptrend is supported by the crossing of the 5-day moving average above the 34-day moving average. Based on the technicals, we can expect to see the bulls headed for the 17.98 level.
These analyses are to be considered solely for information purposes and are not in any way intended to constitute financial advice, a solicitation of funds from the public or the promotion of any form of investment.
(Teleborsa Research Department)
(Foto: American Public Power Association on Unsplash)
(Teleborsa) 11-15-2024 12:30 PM