Milan: Digital Value soars
(Teleborsa) - A spectacular surge from the information technology services and solutions company as it records a bullish +4.07% increase.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.
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 12.7 area. Support is at 11.82. Further positive moves would support the case for a new high in the 13.58 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) 11-12-2024 09:35 AM