Milan: Industrie De Nora in the red
(Teleborsa) - The Provider of filtration solutions for water and wastewater treatment slides steadily, trading -1.85% down on previous levels.The technical scenario for Industrie De Nora in the last week shows the security lagging behind the FTSE Italia Mid Cap. As compared to the related index, the security has shown a lower performance.
Industrie De Nora's medium-term technicals confirm its negative trend line. Yet, in the short-term view the downturn looks less marked, and we could see a reversal towards the 12.4 resistance level. On bullish cues the stock could reach the target high of 12.68, while first support is seen at 12.12.
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 12:30 PM