Milan: Digital Value slips
(Teleborsa) - The Information technology services and solutions company is in negative territory as it trades with a -1.87% loss.On a weekly basis, the stock is trending higher than the FTSE Italia Mid Cap. The performance of Digital Value, in fact, has been higher than the related benchmark index.
Digital Value's medium-term scenario corroborates its negative trend. However, an analysis of the short-term chart gives a first indication that the bears are on the way out, with the share price rising towards first resistance in the 13.91 area. Support is at 13.51. Further positive moves would support the case for a new high in the 14.31 area.
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) 11-20-2024 12:30 PM