Milan: Iveco shines
(Teleborsa) - Vigorous the Italian multinational transport vehicle manufacturing company soars as high as +3.93% over previous levels.A comparison of the security and the FTSE MIB index on a weekly basis shows the greater relative strength of Iveco, confirming a better performance for the security in comparison to the related index.
The general technical context has seriously bearish implications for Iveco, which could see levels driven down towards the 9.26 Euros support area. Against all odds, bullish influences could push prices up to the key resistance level of 9.59.
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) 11-28-2024 12:30 PM