Teleborsa News

Milan: GVS in the red

News Image (Teleborsa) - The Manufacturer of filter solutions for healthcare, energy and mobility sectors is in the red with a -2.14% loss.

In the weekly comparison, GVS's trend is more pronounced than the FTSE Italia Mid Cap trend line, revealing a greater performance when compared to the index.

The technical status of GVS shows that the security's performance is increasing in the short term, with the first resistance area identified at the 6.973 Euros level. There is the risk of a possible correction towards the target of 6.793. Yet, we expect a rise of the bullish trend line towards the resistance area at 7.153.

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 12:30 PM

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