Milan: Banco Bpm firmly on the rise
(Teleborsa) - Banco Bpm stands out as it trades with a +5.45% increase.In the weekly comparison, Banco Bpm's trend is more pronounced than the FTSE MIB trend line, revealing a greater performance when compared to the index.
Although the medium-term structure still looks good, the short-term view shows signs of a contraction, as the security is held in check by resistance identified at the 7.161 level. Support at 6.895 is holding strong. Overall, the situation could warrant a continuation of the consolidation phase towards the 6.785 level.
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) 11-25-2024 09:35 AM