Milan: LU-VE Group slips
(Teleborsa) - Negative trading results for the manufacturer of refrigeration and air conditioning products as it declines -1.85%.LU-VE Group'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 picture of LU-VE Group signals an extended downtrend towards support seen at 21.02 Euros, while on the upside resistance can be identified in the 21.57 area. The outlook is for LU-VE Group to pull back further still towards a target of 20.78.
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) 04-17-2024 12:30 PM