Could the decline of the 3 worst stocks cause investors to panic? – stockmarket projections. it
The last session of last week saw Edison R, Italmobiliare and Ariston Holding close at the bottom of the performance ranking of stocks with a market capitalization of more than 500 million euros. Should the decline of the 3 worst stocks at the end of Friday’s session cause concern?
Laurent Jaquemint CEO Ariston Holding, left: Paolo Merloni Executive Chairman. right – projectionsdiborsa.it
What were the best and worst of the session of January 6, 2023?
We went to consider the podium of the best and that of the worst at the end of the session of 6 January. The best were Saipem, Interpump and BPER Bancathe worst, however, were Edison R, Italmobiliare and Ariston Holding.
These last three titles have a common featurethe daily trades I am very small and the exchanged value of a few hundred thousand euros. For this reason, the decline of the 3 worst shares should be taken with great caution since it could take very little to turn the prices in one direction rather than another.
The scenario on the Italmobiliare stock
Lateral phase in progress for the Italmobiliare share – projectionsdiborsa.it
Italmobiliare’s stock market history over the last 20 years is very interesting. After have touched a maximum in 2006the quotations started to fall giving rise to a discount which led to a negative performance about 90%. The minimum has been touched in 2012 And from that moment it started a bullish movement which within about 10 years led to a performance of about 700%. From 2022, then, a new bearish phase began which, however, could herald a new rise. For months the quotations have been as firm. In fact, after the drop in September, all the following months have been inside with respect to this bar. So here’s what only the breaking of its extremes (27.20 euros – 22.85 euros) could give directionality to the quotations.
The scenario on the Ariston Holding stock
Bullish cross in progress for Ariston Holding shares – projectionsdiborsa.it
Uptrend in progress for Ariston Holding shares which after a phase of uncertainty lasting the whole month of December could finally have turned upwards. Middle schoolindeed, they are crossed upwards and their distance increases with each passing session. They are not hereso, clouds on the horizon.
Only a daily close below 9 euros (the base of the previous lateral phase) could induce a bearish reversal.
