Milan: gains for A2A
(Teleborsa) - A positive session for the italian multi-utility company as it progresses +2.39%Comparing the share price trend with the FTSE MIB on a weekly basis, we see A2A maintaining relative strength over the index, as it exploits a greater performance than the index (weekly share performance of +2.19%, versus a +0.12% gain in the index).
The short-term scenario shows a decline towards the 2.025 Euros area with first resistance seen at 2.073. Expectations are for the gas and electricity distributor to continue its negative run towards support at 1.993.
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) 11-14-2024 12:30 PM