Milan: gains for Technogym
(Teleborsa) - A lively session for Technogym, which makes a big leap forward gaining +2.13%.A comparison of the security and the FTSE Italia Mid Cap index on a weekly basis shows the greater relative strength of Technogym, confirming a better performance for the security in comparison to the related index.
The technical status of Technogym shows that the security's performance is increasing in the short term, with the first resistance area identified at the 9.89 Euros level. There is the risk of a possible correction towards the target of 9.75. Yet, we expect a rise of the bullish trend line towards the resistance area at 10.03.
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) 10-28-2024 09:35 AM