Milan: Iveco negative
(Teleborsa) - Negative trading results for the Italian multinational transport vehicle manufacturing company as it declines -2.78%.Iveco's weekly trend is more sluggish than the benchmark's movements, showing a downswing performance in comparison to the related FTSE MIB index.
While the medium-term picture confirms Iveco's negative trend, the short term reveals the possibility of a timid upswing to first resistance in the 9.13 area. First support is identified at 8.861. Further positive cues could signal an upward movement with a target of 9.4.
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) 11-27-2024 12:30 PM