Milan: Industrie De Nora slips
(Teleborsa) - The Provider of filtration solutions for water and wastewater treatment slides steadily, trading -2.46% down on previous levels.Looking at the weekly scenario, Industrie De Nora lagged the benchmark index's gains, showing a lower performance than the FTSE Italia Mid Cap average.
Industrie De Nora's medium-term technicals remain negative. The short term, however, shows increasing bullish strength as the security tests first resistance in the 11.28 area, while support is estimated at 11.02. The technicals favour a new upswing with a likely target of 11.54.
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) 07-19-2024 09:35 AM