Milan: Iveco surges to 9.73 Euros
(Teleborsa) - Impressive gains for the Italian multinational transport vehicle manufacturing company as it records a sharp rise of +4.04% over previous levels.In the weekly comparison, Iveco's trend is more pronounced than the FTSE MIB trend line, revealing a greater performance when compared to the index.
Technically, Iveco is in a strong uptrend with resistance in the 9.73 Euros area, while the most immediate support is listed at 9.26. The trading outlook is positive, with the bulls likely to target the 10.2 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) 10-18-2024 12:30 PM