Milan: strong day for Iveco
(Teleborsa) - A positive session for the Italian multinational transport vehicle manufacturing company as it progresses +2.87%The analysis of Iveco's share price on a weekly basis highlights its bullish trend line, as it outperforms the benchmark. Thus the share is showing a greater performance than the FTSE MIB.
Iveco's short-term technicals show its bullish trend running out of steam as it tests resistance at 10.17. First support is seen at 9.86. Expect a negative continuation towards the 9.68 level in the immediate future.
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) 29-10-2024 12:30