Milan: Azimut in the red
(Teleborsa) - Negative trading results for Azimut as it declines -1.81%.In terms of weekly performance, the share's trend matches the FTSE MIB benchmark index, which means that the share price is supported by market movement rather than by news relating to the company.
The technical status of Azimut shows that the security's performance is increasing in the short term, with the first resistance area identified at the 26.44 Euros level. There is the risk of a possible correction towards the target of 25.73. Yet, we expect a rise of the bullish trend line towards the resistance area at 27.15.
These analyses are to be considered solely for information purposes and are not in any way intended to constitute financial advice, a solicitation of funds from the public or the promotion of any form of investment.
(Teleborsa Research Department)
(Teleborsa) 03-10-2025 09:35 AM
