Milan: the Italian Sea Group in free fall

(Teleborsa) - The Yachting industry company tumbles, recording a dry loss of -4.2% on previous levels.

In the last week the Italian Sea Group underperformed the FTSE Italia Mid Cap index, therefore showing a lower performance than the benchmark.

The technical picture of the Italian Sea Group signals an extended downtrend towards support seen at 6.227 Euros, while on the upside resistance can be identified in the 6.667 area. The outlook is for the Italian Sea Group to pull back further still towards a target of 6.073.

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) 03-17-2025 12:30 PM