Milan: Caltagirone on the rise
(Teleborsa) - Caltagirone puts in a decidedly bullish performance, gaining +2.15%.The analysis of Caltagirone'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.
The current scenario shows Caltagirone stock stagnating, with a possible test of support at 5.7 Euros. On the upside, positive cues could see prices moving north to test the 5.7 level. The technicals favour a continuation of the bearish phase towards new lows at 5.7.
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) 07-23-2024 09:35 AM