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Milan: Amplifon trades in negative territory
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In the last week Amplifon underperformed the FTSE MIB index, therefore showing a lower performance than the benchmark.
The technical assumptions for Amplifon's medium-term performance are still downbeat. Yet, positive signs do emerge from the short-term view, with the fastest indicators showing a decrease in downward momentum. At this point, a slowing of the downturn is possible as prices approach 30.09. The most immediate resistance is estimated at 30.35. Expect an intermediate corrective phase which brings prices back into line, with a target of 30.61 in the near future.
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)
(Teleborsa) 07-16-2024 09:35 AM