Milan stock exchange: Juventus licks its wounds
(Teleborsa) - The Professional Italian football club has a turbulent session, losing -4.36% on previous levels.
On a weekly basis, the stock is trending higher than the FTSE Italia Mid Cap. The performance of Juventus, in fact, has been higher than the related benchmark index.
According to the short-term technicals, Juventus will continue its positive development to test the resistance area of 2.521 Euros. There is the possibility of a decline to the 2.446 low. Overall, we expect the stock to breakout and test new resistance at 2.597.
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) 10-31-2024 09:35 AM
On a weekly basis, the stock is trending higher than the FTSE Italia Mid Cap. The performance of Juventus, in fact, has been higher than the related benchmark index.
According to the short-term technicals, Juventus will continue its positive development to test the resistance area of 2.521 Euros. There is the possibility of a decline to the 2.446 low. Overall, we expect the stock to breakout and test new resistance at 2.597.
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) 10-31-2024 09:35 AM