Teleborsa News

Milan: downbeat day for Digital Value

News Image (Teleborsa) - The Information technology services and solutions company is bearish as it trades -2.09% down.

The weekly analysis of the security and the FTSE Italia Mid Cap shows Digital Value losing relative strength against the index.

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 24.05 level. Support at 23.1 is holding strong. Overall, the situation could warrant a continuation of the consolidation phase towards the 22.75 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) 12-18-2024 09:35 AM


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