TALGO, S.A.Short
SELLS IN TALGO
đź’ˇ Talgo Analysis (TLGO)
Talgo has been in a bearish trend since 2019, and despite a brief recovery in 2022, it has fallen back below its long-term bearish trendline.
1. Weak Technicals: It has failed to break above the €4.6 resistance, indicating potential further declines.
2. Economic Environment: Global uncertainty and rising costs are weighing on the infrastructure sector.
3. Competition and Margins: Increased competition and rising operational costs are impacting its profitability.
Conclusion: Talgo does not show clear signs of short-term recovery.
This analysis is not an investment recommendation.
Talgo has been in a bearish trend since 2019, and despite a brief recovery in 2022, it has fallen back below its long-term bearish trendline.
1. Weak Technicals: It has failed to break above the €4.6 resistance, indicating potential further declines.
2. Economic Environment: Global uncertainty and rising costs are weighing on the infrastructure sector.
3. Competition and Margins: Increased competition and rising operational costs are impacting its profitability.
Conclusion: Talgo does not show clear signs of short-term recovery.
This analysis is not an investment recommendation.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.