Milan: bullish cue from Digital Value
(Teleborsa) - The Information technology services and solutions company increases its performance, climbing +2.2%.The analysis of Digital Value's share price on a weekly basis highlights its bullish trend line, as it outperforms the benchmark. Thus the share is showing a greater performance than the FTSE Italia Mid Cap.
Technically, the medium-term trend is down, but with the 13.71 support level holding firm we have some positive signs for the near term. The bullish cue signals a trend reversal to the upside, with prices potentially reaching the important resistance area at 14.11. The most likely scenario is for a bullish recovery with resistance at 14.51.
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) 11-19-2024 09:35 AM