Milan: OVS goes from strength to strength
(Teleborsa) - OVS stands out as it trades with a +6.69% increase.
Comparing the share price trend with the FTSE Italia Mid Cap on a weekly basis, we see OVS maintaining relative strength over the index, as it exploits a greater performance than the index (weekly share performance of +2.04%, versus a -2.05% gain in the index).
The short-term scenario shows a decline towards the 2.241 Euros area with first resistance seen at 2.335. Expectations are for OVS to continue its negative run towards support at 2.187.
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) 04-18-2024 09:35 AM
Comparing the share price trend with the FTSE Italia Mid Cap on a weekly basis, we see OVS maintaining relative strength over the index, as it exploits a greater performance than the index (weekly share performance of +2.04%, versus a -2.05% gain in the index).
The short-term scenario shows a decline towards the 2.241 Euros area with first resistance seen at 2.335. Expectations are for OVS to continue its negative run towards support at 2.187.
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) 04-18-2024 09:35 AM