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Milan: Banco Bpm in the red
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Banco Bpm's weekly trend is more sluggish than the benchmark's movements, showing a downswing performance in comparison to the related FTSE MIB index.
The medium-term analysis confirms Banco Bpm's positive trend, while the short-term chart shows the beginning of a decline as the stock tests resistance at 6.373. First support is seen at 6.221. Technically, we expect a downward development towards the low of 6.153 in the near term.
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) 06-11-2024 09:35 AM