Milan: downbeat day for Danieli & C
(Teleborsa) - A negative day for Danieli & C as it sheds -2.88%.The technical scenario for Danieli & C in the last week shows the security lagging behind the FTSE Italia Mid Cap. As compared to the related index, the security has shown a lower performance.
Although the medium-term structure still looks good, the short-term view shows signs of a contraction, as the security is held in check by resistance identified at the 36.35 level. Support at 34.9 is holding strong. Overall, the situation could warrant a continuation of the consolidation phase towards the 34.35 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: © ximagination / 123RF)
(Teleborsa) 06-26-2024 12:30 PM