Milan: strong day for Juventus
(Teleborsa) - The Professional Italian football club is doing well with an increase of of 3.66%.The analysis of Juventus'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 Italia Mid Cap.
There are signals for gains in the short-term with the most immediate resistance seen at 2.542 Euros and support of the current trading range at 2.475. Juventus's steady uptrend is supported by the crossing of the 5-day moving average above the 34-day moving average. Based on the technicals, we can expect to see the bulls headed for the 2.61 level.
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) 07-09-2024 09:35 AM