Milan: Digital Value moves up
(Teleborsa) - A lively session for the information technology services and solutions company, which makes a big leap forward gaining +3.11%.A comparison of the security and the FTSE Italia Mid Cap index on a weekly basis shows the greater relative strength of Digital Value, confirming a better performance for the security in comparison to the related index.
Technically, the medium-term trend is down, but with the 48.77 support level holding firm we have some positive signs for the near term. The bullish cue signals a trend reversal to the upside, with prices potentially reaching the important resistance area at 50.47. The most likely scenario is for a bullish recovery with resistance at 52.17.
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) 13-09-2024 12:30