Milan: gains for Cembre
(Teleborsa) - A positive session for the manufacturer of electric connectors and installation tools as it progresses +2.59%The analysis of Cembre'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.
The technical picture for Cembre is bullish in the short term, with resistance seen at 42.12 Euros, while the first support level is estimated at 40.87. The technicals point towards further upside, with resistance seen at the 43.37 level.
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) 11-22-2024 12:30 PM