Milan: major selling for Digital Value
(Teleborsa) - The Information technology services and solutions company is -2.74% down on previous levels after a steady fall.
Looking at the weekly scenario, Digital Value lagged the benchmark index's gains, showing a lower performance than the FTSE Italia Mid Cap average.
Analysis of the technicals reveals that Digital Value is headed further south to test support at 10.53 Euros. First resistance is at 10.87. Expect the downtrend to extend towards new lows around 10.41.
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) 11-04-2024 09:35 AM
Looking at the weekly scenario, Digital Value lagged the benchmark index's gains, showing a lower performance than the FTSE Italia Mid Cap average.
Analysis of the technicals reveals that Digital Value is headed further south to test support at 10.53 Euros. First resistance is at 10.87. Expect the downtrend to extend towards new lows around 10.41.
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) 11-04-2024 09:35 AM