Milan: Tinexta soars after buying spree
(Teleborsa) - A spectacular surge from the company engaged in the software and internet services industry as it records a bullish +6.23% increase.The analysis of Tinexta's share price on a weekly basis highlights its bullish trend line, as it outperforms the benchmark. Thus the share is showing a greater performance than the FTSE Italia Mid Cap.
Looking at Tinexta's technical status, the stock is losing strength with prices drifting towards support at 7.957 Euros. On the upside, any appreciation would encounter a serious obstacle at 8.437. The reign of the bears makes a continued downtrend towards the 7.638 level look very real.
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: Free-Photos / Pixabay)
(Teleborsa) 12-04-2024 12:30 PM