Milan: downbeat day for De'Longhi
(Teleborsa) - A negative day for De'Longhi as it sheds -2.1%.The weekly view shows the share's trend line moving parallel to the FTSE Italia Mid Cap benchmark index, which confirms that De'Longhi's movements are determined by its reference market rather than by any events linked to the share itself.
De'Longhi's short-term technicals show its bullish trend running out of steam as it tests resistance at 28.59. First support is seen at 27.61. Expect a negative continuation towards the 27.25 level in the immediate future.
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