Milan: Tinexta registers sharp fall
(Teleborsa) - The Company engaged in the software and internet services industry is thrown to the bears as it trades with dire losses of -3.96%.The technical scenario for Tinexta in the last week shows the security lagging behind the FTSE Italia Mid Cap. As compared to the related index, the security has shown a lower performance.
There are signals for gains in the short-term with the most immediate resistance seen at 16.98 Euros and support of the current trading range at 16.27. Tinexta'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 17.69 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)
(Foto: © tktktk / 123RF)
(Teleborsa) 07-19-2024 12:30 PM