Milan: strong day for Webuild
(Teleborsa) - The Global player in large, complex infrastructure projects is doing well with an increase of of 3.72%.A comparison of the security and the FTSE Italia Mid Cap index on a weekly basis shows the greater relative strength of Webuild, confirming a better performance for the security in comparison to the related index.
The medium-term analysis confirms Webuild's positive trend, while the short-term chart shows the beginning of a decline as the stock tests resistance at 2.49. First support is seen at 2.412. Technically, we expect a downward development towards the low of 2.372 in the near term.
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) 07-26-2024 09:35 AM