Milan: downside move for GVS
(Teleborsa) - Negative trading results for the manufacturer of filter solutions for healthcare, energy and mobility sectors as it declines -2%.
GVS's weekly trend is more sluggish than the benchmark's movements, showing a downswing performance in comparison to the related FTSE Italia Mid Cap index.
The technical scenario for GVS shows a continuation of the downtrend to test support at 5.357 Euros, with a resistance area at 5.457. The bearish pattern suggests that new lows will probably be tested in the 5.323 area.
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) 04-25-2024 09:35 AM
GVS's weekly trend is more sluggish than the benchmark's movements, showing a downswing performance in comparison to the related FTSE Italia Mid Cap index.
The technical scenario for GVS shows a continuation of the downtrend to test support at 5.357 Euros, with a resistance area at 5.457. The bearish pattern suggests that new lows will probably be tested in the 5.323 area.
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) 04-25-2024 09:35 AM