
Milan: Intercos on the rise

Comparing the share price trend with the FTSE Italia Mid Cap on a weekly basis, we see Intercos maintaining relative strength over the index, as it exploits a greater performance than the index (weekly share performance of +1.89%, versus a -2.54% gain in the index).
Analysis of the technicals reveals that Intercos is headed further south to test support at 13.75 Euros. First resistance is at 14.21. Expect the downtrend to extend towards new lows around 13.45.
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)
(Foto: by Samson Creative on Unsplash)
(Teleborsa) 01-14-2025 12:30 PM