Milan: Comer Industries sharply lower
(Teleborsa) - A fierce setback for the manufacturer of advanced engineering systems and mechatronic solutions for power transmission as it suffers losses of -4.02% in a muddled session.Looking at the weekly scenario, Comer Industries lagged the benchmark index's gains, showing a lower performance than the FTSE Italia Mid Cap average.
Comer Industries's technical status shows signs of decline with support listed at 30.57 Euros, while on the upside resistance can be identified at 31.87. In the next session we could witness a further downswing with a likely target of 30.13.
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) 03-09-2024 12:30