Milan: Carel Industries firmly on the rise
(Teleborsa) - Vigorous the manufacturer of air conditioning and refrigeration control systems soars as high as +4.47% over previous levels.On a weekly basis, the stock is trending higher than the FTSE Italia Mid Cap. The performance of Carel Industries, in fact, has been higher than the related benchmark index.
The short-term technical picture for Carel Industries shows an acceleration of the uptrend towards a target of 18.95 Euros. A possible decline to 18.19 would represent a temporary correction and would not compromise the strength of the current trend. Expect an extension of the bullish trend line towards the 19.71 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) 19-09-2024 09:35