Milan: positive day for Carel Industries
(Teleborsa) - The Manufacturer of air conditioning and refrigeration control systems puts in a decidedly bullish performance, gaining +3.49%.In the weekly comparison, Carel Industries's trend is more pronounced than the FTSE Italia Mid Cap trend line, revealing a greater performance when compared to the index.
Carel Industries's medium-term scenario corroborates its negative trend. However, an analysis of the short-term chart gives a first indication that the bears are on the way out, with the share price rising towards first resistance in the 17.48 area. Support is at 16.84. Further positive moves would support the case for a new high in the 18.12 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) 08-16-2024 12:30 PM