(News Bulletin 247) – On the basis of a graphical argument, News Bulletin 247 analysts selected COVIVIO for active investors.
KEY GRAPHIC ELEMENTS
The graphical analysis of daily data of the COVIVIO share makes it possible to identify a medium-term upward trend, the result of a federation of the buying camp, measurable in terms of the linearity of the upward movements, like that of which prevailed throughout the summer. While the stock has cleaned up the chart situation by consolidating against its 50-day moving average (in orange), the chart entry point is once again attractive.
FORECAST
Looking at the key chart factors we mentioned, our view is bullish on COVIVIO stock in the short term.
Active investors will take a purchase position on the COVIVIO share at a price of €53,850 with a target of €61,950 in their sights. They will protect their capital by placing a stop at €50,490.
News Bulletin 247 advice
DAILY DATA CHART
I have over 8 years of experience working in the news industry. I have worked as a reporter, editor, and now managing editor at 247 News Agency. I am responsible for the day-to-day operations of the news website and overseeing all of the content that is published. I also write a column for the website, covering mostly market news.
