Teleborsa News

Milan: Digital Value trades in negative territory

News Image (Teleborsa) - The Information technology services and solutions company is bearish as it trades -2.54% down.

A comparison of the security and the FTSE Italia Mid Cap index on a weekly basis shows the greater relative strength of Digital Value, confirming a better performance for the security in comparison to the related index.

Short-term analysis of Digital Value confirms that the security's bullish phase is to continue, with immediate resistance seen at 66.43 Euros and the first support identified at 64.53. Technically, we can expect further upward movement towards new highs in the 68.33 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) 05-24-2024 09:35 AM

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