Milan: strong day for Comer Industries
(Teleborsa) - Positive results for the manufacturer of advanced engineering systems and mechatronic solutions for power transmission as it rises +1.82%.A comparison of the security and the FTSE Italia Mid Cap index on a weekly basis shows the greater relative strength of Comer Industries, confirming a better performance for the security in comparison to the related index.
While there is still plenty of positive sentiment surrounding the medium term, indicators show that short-term performance is down, with the share failing to break the resistance estimated at 34. Near-term support at 33.1 remains intact. This corrective phase is likely to continue towards the 32.6 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)
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(Teleborsa) 04-16-2024 12:30 PM