Milan: Webuild trades in negative territory
(Teleborsa) - Negative trading results for the global player in large, complex infrastructure projects as it declines -3.68%.On a weekly basis, the stock is trending higher than the FTSE Italia Mid Cap. The performance of Webuild, in fact, has been higher than the related benchmark index.
Short-term analysis of Webuild confirms that the security's bullish phase is to continue, with immediate resistance seen at 2.367 Euros and the first support identified at 2.247. Technically, we can expect further upward movement towards new highs in the 2.487 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) 07-25-2024 09:35 AM