Short term view - ITALGAS : The background trend is clearly bearish.
The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant.The next support is at €4.394. The background trend would be questioned should prices rise above €5.000.
Italgas SpA. Italgas SpA is an Italy-based company active in the natural gas distribution. It operates a national distribution network of about 70,000 kilometers serving more than 7,5 million customers. Its services include also network monitoring, maintenance and digitalization and consume measuring. The Company is active locally.
DayByDay is an independent research company providing global macro and single stock analysis, recommendation and allocation based purely on behavioural finance methods. Those include long term cycle analysis, sentiment analysis, and technical trigger. DayByDay serves all clients in need of practical and precise publications to make effective market decisions, on any time horizon, from a few hours to a few years.
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