Milan: Bper in the red
(Teleborsa) - Bper is -1.86% down on previous levels after a steady fall.A comparison of the security and the FTSE MIB index on a weekly basis shows the greater relative strength of Bper, confirming a better performance for the security in comparison to the related index.
The short-term technical picture for Bper shows an acceleration of the uptrend towards a target of 5.256 Euros. A possible decline to 5.138 would represent a temporary correction and would not compromise the strength of the current trend. Expect an extension of the bullish trend line towards the 5.374 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) 10-09-2024 09:35 AM