Milan: Technogym on the rise
(Teleborsa) - Positive results for Technogym as it rises +2.9%.On a weekly basis, the stock is trending higher than the FTSE Italia Mid Cap. The performance of Technogym, in fact, has been higher than the related benchmark index.
Technogym's medium-term technicals remain negative. The short term, however, shows increasing bullish strength as the security tests first resistance in the 9.67 area, while support is estimated at 9.44. The technicals favour a new upswing with a likely target of 9.89.
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) 10-14-2024 12:30 PM