Milan: Digital Value on the rise
(Teleborsa) - The Information technology services and solutions company is doing well with an increase of of 2.67%.
Comparing the share price trend with the FTSE Italia Mid Cap on a weekly basis, we see Digital Value maintaining relative strength over the index, as it exploits a greater performance than the index (weekly share performance of +44.18%, versus a +2.45% gain in the index).
Technically, Digital Value is in a strong uptrend with resistance in the 25.8 Euros area, while the most immediate support is listed at 24.4. The trading outlook is positive, with the bulls likely to target the 27.2 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) 12-09-2024 09:35 AM
Comparing the share price trend with the FTSE Italia Mid Cap on a weekly basis, we see Digital Value maintaining relative strength over the index, as it exploits a greater performance than the index (weekly share performance of +44.18%, versus a +2.45% gain in the index).
Technically, Digital Value is in a strong uptrend with resistance in the 25.8 Euros area, while the most immediate support is listed at 24.4. The trading outlook is positive, with the bulls likely to target the 27.2 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) 12-09-2024 09:35 AM