Milan: Iren falls
(Teleborsa) - A bearish session for Iren as it posts a -2.29% fall.In the last week Iren underperformed the FTSE Italia Mid Cap index, therefore showing a lower performance than the benchmark.
The medium-term picture confirms that Iren is in a positive phase. In the short-term chart the bullish tendency is less pronounced as prices test the high of 1.833. First support is at 1.762. The technicals favour a bearish development towards the imminent low of 1.73 in the near term.
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) 05-08-2024 12:30 PM