Milan: Carel Industries trades in negative territory
(Teleborsa) - The Manufacturer of air conditioning and refrigeration control systems is subdued as it drops -2.46%.In the last week Carel Industries underperformed the FTSE Italia Mid Cap index, therefore showing a lower performance than the benchmark.
Carel Industries's short-term technicals show its bullish trend running out of steam as it tests resistance at 17.12. First support is seen at 16.46. Expect a negative continuation towards the 16.24 level in the immediate future.
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) 05-09-2024 09:35