Milan: De'Longhi on a run
(Teleborsa) - A top performance from De'Longhi as it trades +5.82% up.The analysis of De'Longhi's share price on a weekly basis highlights its bullish trend line, as it outperforms the benchmark. Thus the share is showing a greater performance than the FTSE Italia Mid Cap.
The short-term technical picture for De'Longhi shows an acceleration of the uptrend towards a target of 29.41 Euros. A possible decline to 28.43 would represent a temporary correction and would not compromise the strength of the current trend. Expect an extension of the bullish trend line towards the 30.39 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)
(Foto: © Nupean Pruprong / 123RF)
(Teleborsa) 10-24-2024 09:35 AM