Milan: GVS trades in negative territory
(Teleborsa) - A bearish session for the manufacturer of filter solutions for healthcare, energy and mobility sectors as it posts a -3.35% fall.The weekly analysis of the security and the FTSE Italia Mid Cap shows GVS losing relative strength against the index.
The short-term technical picture for GVS shows an acceleration of the uptrend towards a target of 6.797 Euros. A possible decline to 6.547 would represent a temporary correction and would not compromise the strength of the current trend. Expect an extension of the bullish trend line towards the 7.047 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) 07-08-2024 12:30 PM