Milan: negative performance for Webuild
(Teleborsa) - The Global player in large, complex infrastructure projects is in negative territory as it trades with a -2.4% loss.In the last week Webuild underperformed the FTSE Italia Mid Cap index, therefore showing a lower performance than the benchmark.
The technical picture for Webuild suggests that the bearish trend is to continue towards a test of the 2.155 Euros floor, while the 2.243 area represents the current price ceiling. The outlook is for an extension of the downtrend to test new lows identified at the 2.119 level.
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) 04-22-2024 09:35 AM