Milan: Mondadori moves up
(Teleborsa) - Positive results for Mondadori as it rises +2.53%.A comparison of the security and the FTSE Italia Mid Cap index on a weekly basis shows the greater relative strength of Mondadori, confirming a better performance for the security in comparison to the related index.
The medium-term picture confirms that Mondadori is in a positive phase. In the short-term chart the bullish tendency is less pronounced as prices test the high of 2.46. First support is at 2.385. The technicals favour a bearish development towards the imminent low of 2.335 in the near term.
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) 06-28-2024 09:35 AM