Milan: Carel Industries in free fall
(Teleborsa) - The Manufacturer of air conditioning and refrigeration control systems is thrown to the bears as it trades with dire losses of -4.37%.The technical scenario for Carel Industries in the last week shows the security lagging behind the FTSE Italia Mid Cap. As compared to the related index, the security has shown a lower performance.
The short-term scenario shows a decline towards the 17.2 Euros area with first resistance seen at 18.08. Expectations are for Carel Industries to continue its negative run towards support at 16.9.
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) 11-08-2024 12:30 PM