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shy minus sign for Alerion Clean Power

Fractional decline for the company that operates in the production and sale of electricity from renewable sources, which trades with a loss of 2.01%.

The trend of Alerion Clean Power shows a trend in line with that of the FTSE Italia Mid Cap. This situation classifies the stock as a low alpha value asset that does not generate any added value, in terms of return compared to the reference index.

The medium-term situation of Alerion Clean Power remains bearish. However, examining the short-term chart, it would be reasonable to begin to doubt the possibility of the bearish phase extending. An upward improvement in the curve is therefore expected which encounters the first obstacle at 15.85 Euros. Support seen at 15.51. Further bullish cues favor a new target estimated probably in the 16.19 area.

The indications are to be considered mere information tools, and are in no way intended to constitute financial advice, solicitation for public savings or promote any form of investment.
(By the Teleborsa Research Office)

(Photo: Aniek Wessel on Unsplash)

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