Milan: Danieli & C in steep fall

(Teleborsa) - Danieli & C loses a lot of ground as it declines -4.39% in a dismal session.

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.

Analysis of the technicals reveals that Danieli & C is headed further south to test support at 26.45 Euros. First resistance is at 28.2. Expect the downtrend to extend towards new lows around 25.65.

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)

(Foto: © Nupean Pruprong / 123RF)

(Teleborsa) 26-09-2024 09:35