Milan: Comer Industries trades in negative territory
(Teleborsa) - The Manufacturer of advanced engineering systems and mechatronic solutions for power transmission is subdued as it drops -2.37%.Comer 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.
The technical picture for Comer Industries suggests that the bearish trend is to continue towards a test of the 28.37 Euros floor, while the 29.37 area represents the current price ceiling. The outlook is for an extension of the downtrend to test new lows identified at the 27.93 level.
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) 11-25-2024 12:30 PM