Milan: Carel Industries shines
(Teleborsa) - The Manufacturer of air conditioning and refrigeration control systems puts in a decidedly bullish performance, gaining +2.88%.The weekly view shows the share's trend line moving parallel to the FTSE Italia Mid Cap benchmark index, which confirms that Carel Industries's movements are determined by its reference market rather than by any events linked to the share itself.
Carel Industries's technical status shows signs of decline with support listed at 19.06 Euros, while on the upside resistance can be identified at 19.44. In the next session we could witness a further downswing with a likely target of 18.82.
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) 10-29-2024 09:35 AM