Milan: El.En falls
(Teleborsa) - The Leading global players in the laser world providing industrial and medical laser solutions is subdued as it drops -1.89%.El.En's weekly trend is more sluggish than the benchmark's movements, showing a downswing performance in comparison to the related FTSE Italia Mid Cap index.
The medium-term view confirms that El.En is in an uptrend. However, on examining the short-term chart we see a slowdown in performance as the stock tests the 12.12 resistance, with the most immediate support identified at 11.82. In the near term, a downward move towards the 11.71 low is on the horizon.
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) 12-12-2024 12:30 PM