Milan: downbeat day for Digital Value
(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
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