Milan: Carel Industries trades in negative territory
(Teleborsa) - The Manufacturer of air conditioning and refrigeration control systems is bearish as it trades -3.07% down.Carel Industries's weekly trend is more sluggish than the benchmark's movements, showing a downswing performance in comparison to the related FTSE Italia Mid Cap index.
In the short-term Carel Industries is in a bullish structure, with resistance seen at 17.4 Euros and support at 16.86. The technicals indicate a breakout above the previous day's high, and prices could test the crucial 17.94 mark.
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) 07-19-2024 12:30 PM