Milan: downside move for Juventus
(Teleborsa) - The Professional Italian football club is bearish as it trades -3.54% down.Looking at the weekly scenario, Juventus lagged the benchmark index's gains, showing a lower performance than the FTSE Italia Mid Cap average.
The medium-term analysis confirms Juventus's positive trend, while the short-term chart shows the beginning of a decline as the stock tests resistance at 3.027. First support is seen at 2.957. Technically, we expect a downward development towards the low of 2.934 in the near term.
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) 12-09-2024 09:35 AM