Milan: Tinexta moves up
(Teleborsa) - The Company engaged in the software and internet services industry increases its performance, climbing +2.12%.A comparison of the security and the FTSE Italia Mid Cap index on a weekly basis shows the greater relative strength of Tinexta, confirming a better performance for the security in comparison to the related index.
Technically, the medium-term trend is down, but with the 17.06 support level holding firm we have some positive signs for the near term. The bullish cue signals a trend reversal to the upside, with prices potentially reaching the important resistance area at 17.46. The most likely scenario is for a bullish recovery with resistance at 17.86.
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)
(Foto: © Nupean Pruprong / 123RF)
(Teleborsa) 07-12-2024 12:30 PM