Milan: El.En sees boost
(Teleborsa) - The Leading global players in the laser world providing industrial and medical laser solutions stands out as it trades with a +10.73% increase.The analysis of El.En's share price on a weekly basis highlights its bullish trend line, as it outperforms the benchmark. Thus the share is showing a greater performance than the FTSE Italia Mid Cap.
El.En's medium-term scenario corroborates its negative trend. However, an analysis of the short-term chart gives a first indication that the bears are on the way out, with the share price rising towards first resistance in the 11.73 area. Support is at 11.03. Further positive moves would support the case for a new high in the 12.43 area.
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) 11-11-2024 12:30 PM