Milan: downside move for Interpump Group
(Teleborsa) - A bearish session for Interpump Group as it posts a -1.98% fall.In the weekly comparison, Interpump Group's trend is more pronounced than the FTSE MIB trend line, revealing a greater performance when compared to the index.
The medium-term technicals still have a bullish cadence, while in the short term the obvious difficulty of breaking above the 42.23 level is dampening the stock's performance. The immediate support level of 41.17 is still intact. The most coherent outlook is for a continued corrective move towards the 40.79 level in the near 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)
(Foto: Italian Exhibition Group)
(Teleborsa) 11-14-2024 09:35 AM