Milan: Technoprobe shines
(Teleborsa) - Another bullish cue from the manufacturer of semiconductors and microelectronics as it trades with a good +2.72% gain.On a weekly basis, the stock is trending higher than the FTSE Italia Mid Cap. The performance of Technoprobe, in fact, has been higher than the related benchmark index.
There are signals for gains in the short-term with the most immediate resistance seen at 9.14 Euros and support of the current trading range at 8.922. Technoprobe's steady uptrend is supported by the crossing of the 5-day moving average above the 34-day moving average. Based on the technicals, we can expect to see the bulls headed for the 9.35 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) 05-23-2024 09:35 AM