Milan: Moltiply Group shines
(Teleborsa) - A positive session for the online retail credit mortgage broker as it progresses +1.81%
A comparison of the security and the FTSE Italia Mid Cap index on a weekly basis shows the greater relative strength of Moltiply Group, confirming a better performance for the security in comparison to the related index.
Although the medium-term outlook for Moltiply Group remains negative, we find an increasing upward movement in the short term, with the most immediate resistance at 34.37. Support is at 33.02. The technicals favour a new upswing to the 35.72 area.
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) 10-10-2024 12:30 PM
A comparison of the security and the FTSE Italia Mid Cap index on a weekly basis shows the greater relative strength of Moltiply Group, confirming a better performance for the security in comparison to the related index.
Although the medium-term outlook for Moltiply Group remains negative, we find an increasing upward movement in the short term, with the most immediate resistance at 34.37. Support is at 33.02. The technicals favour a new upswing to the 35.72 area.
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) 10-10-2024 12:30 PM