Milan: gains for Alerion Clean Power
(Teleborsa) - Another bullish cue from the leading Italian player of renewable energy as it trades with a good +1.89% gain.In terms of weekly performance, the share's trend matches the FTSE Italia Mid Cap benchmark index, which means that the share price is supported by market movement rather than by news relating to the company.
The technical status of Alerion Clean Power shows that the security's performance is increasing in the short term, with the first resistance area identified at the 17.29 Euros level. There is the risk of a possible correction towards the target of 17.11. Yet, we expect a rise of the bullish trend line towards the resistance area at 17.47.
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: Aniek Wessel on Unsplash)
(Teleborsa) 11-26-2024 12:30 PM