Milan: positive day for Digital Value
(Teleborsa) - Another bullish cue from the information technology services and solutions company as it trades with a good +1.94% gain.In the last week Digital Value underperformed the FTSE Italia Mid Cap index, therefore showing a lower performance than the benchmark.
New technical evidence points to a decline of Digital Value's stock price, which could hit the most immediate support seen at the 12.29 Euros level. However, a sudden rebound would undermine the above scenario by triggering a bullish rise, with the most immediate resistance of 12.81 as a new target. In the next session we can expect a continuation of the downtrend to the key support level of 11.99.
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) 10-25-2024 09:35 AM