Milan: Caltagirone moves up
(Teleborsa) - Marked growth for Caltagirone as it records a +2.62% improvement on previous levels.Comparing the share price trend with the FTSE Italia Mid Cap on a weekly basis, we see Caltagirone maintaining relative strength over the index, as it exploits a greater performance than the index (weekly share performance of +0.86%, versus a -2.04% gain in the index).
The technical picture for Caltagirone suggests that the bearish trend is to continue towards a test of the 6.92 Euros floor, while the 7.1 area represents the current price ceiling. The outlook is for an extension of the downtrend to test new lows identified at the 6.8 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)
(Teleborsa) 06-20-2025 12:30 PM