Milan: Tinexta takes a beating

(Teleborsa) - The Company engaged in the software and internet services industry has a turbulent session, losing -2.92% on previous levels.

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.

Short-term analysis of Tinexta confirms that the security's bullish phase is to continue, with immediate resistance seen at 9.07 Euros and the first support identified at 8.697. Technically, we can expect further upward movement towards new highs in the 9.44 region.

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) 03-10-2025 09:35 AM