Milan: Danieli & C falls
(Teleborsa) - Negative trading results for Danieli & C as it declines -1.91%.The technical scenario for Danieli & C in the last week shows the security lagging behind the FTSE Italia Mid Cap. As compared to the related index, the security has shown a lower performance.
While the medium-term scenario still looks bearish, the short-term structure shows some promising signs, with support at 25.53 holding strong. The positive movement in the short term indicates a potential reversal of the bearish trend, with the possibility of prices flirting with the key resistance level of 25.98. Thus there is a good chance of the bullish phase continuing towards the 26.43 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) 10-28-2024 12:30 PM