Milan: Cementir on the rise
(Teleborsa) - The Manufacturer of grey and white cement puts in a decidedly bullish performance, gaining +3.13%.Looking at the weekly scenario, Cementir lagged the benchmark index's gains, showing a lower performance than the FTSE Italia Mid Cap average.
New technical evidence points to a decline of Cementir's stock price, which could hit the most immediate support seen at the 9.38 Euros level. However, a sudden rebound would undermine the above scenario by triggering a bullish rise, with the most immediate resistance of 9.65 as a new target. In the next session we can expect a continuation of the downtrend to the key support level of 9.2.
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) 10-04-2024 12:30 PM