Milan: Ariston Holding trades in negative territory
(Teleborsa) - The Global specialist in water heating and heating is -2.21% down on previous levels after a steady fall.In the last week Ariston Holding underperformed the FTSE Italia Mid Cap index, therefore showing a lower performance than the benchmark.
Technicals show the security in a moderately positive position with the closest resistance at 4.393. Support at 4.177 is keeping the bears at bay. Ariston Holding's uptrend is confirmed by the 5-day moving average crossing up through the longer-term moving average for 8 days. At present, there is a good possibility of prices advancing towards the 4.393 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)
(Teleborsa) 10-08-2024 12:30 PM