Milan: gains for Webuild
(Teleborsa) - The Global player in large, complex infrastructure projects is doing well with an increase of of 2.88%.In the weekly comparison, Webuild's trend is more pronounced than the FTSE Italia Mid Cap trend line, revealing a greater performance when compared to the index.
There are signals for gains in the short-term with the most immediate resistance seen at 3.59 Euros and support of the current trading range at 3.372. Webuild's steady uptrend is supported by the crossing of the 5-day moving average above the 34-day moving average. Based on the technicals, we can expect to see the bulls headed for the 3.808 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) 03-14-2025 12:30 PM
