Milan stock exchange: Digital Value licks its wounds
(Teleborsa) - A day to forget for the information technology services and solutions company as it records a strong decline of -8.73% on previous levels.Digital Value's weekly trend is more sluggish than the benchmark's movements, showing a downswing performance in comparison to the related FTSE Italia Mid Cap index.
The technical scenario for Digital Value shows a continuation of the downtrend to test support at 11.57 Euros, with a resistance area at 12.93. The bearish pattern suggests that new lows will probably be tested in the 11.03 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) 10-24-2024 09:35 AM