IVS Group shares stand out in one of the worst sectors since the beginning of the year – projectiondiborsa.it
he othe potr The worst sector in Piazza Affari at the end of the week of 3 February was that represented by the FTSE Italia All-Share Personal Care, Drug And Grocery sector index. Since even in the worst situations there can be good, we went to analyze what were the best shares in the worst sector of the week that ended. We are talking about IVS Group, a share that has certainly not stood out for its brilliance in recent years. Suffice it to say that the stock has lost more than 50% since its listing. In addition, it has lost about 70% over the past five years. Since the beginning of the year, things have been a little better. IVS Group, in fact, is gaining just over 3% against a FTSE Italia All-Share Personal Care, Drug And Grocery which loses 0.57%.
The best shares in the worst sector of the week ended: the indications of the graphic analysis
Actions IVS Group (MIL:IVS) closed the February 3 session at €3.73, up 0.27% on the previous session.
After hitting an all-time low on December 27, the stock has started to gain ground again. However, the rise has not been very exciting as the prices have so far been blocked by the strong resistance area at €3.8.
On the bright side though, the averages may be ready to turn higher after the SwingTrading Indicator gives a buy signal. The next few days, therefore, could be decisive for determining the short/medium term trend.
A potential problem could come from rarefied trading on the stock. Apart from a few rare exceptions, in fact, the 5-day average of the value traded daily is only a few tens of thousands of euro. This makes the security illiquid and potentially subject to strong volatility excursions. Furthermore, the probability, calculated on the entire history available, that there are no trades in the course of a day is open at approximately 1.5%. It should be noted, however, that in recent years this parameter has been decreasing.
Note that the prices are not in an excess situation (up or down), so the future movement could be quite long-lasting.
Averages that could be on the verge of turning upwards on the IVS Group – depositidiborsa.it stock
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