Milan: bullish cue from Maire Tecnimont
(Teleborsa) - Maire Tecnimont puts in a decidedly bullish performance, gaining +3.27%.The weekly analysis of the security and the FTSE Italia Mid Cap shows Maire Tecnimont losing relative strength against the index.
Analysis of the technicals reveals that Maire Tecnimont is headed further south to test support at 7.233 Euros. First resistance is at 7.528. Expect the downtrend to extend towards new lows around 7.047.
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) 04-23-2024 12:30 PM