Milan: Bper up as buyers show interest
(Teleborsa) - Impressive gains for Bper as it records a sharp rise of +7.71% over previous levels.Comparing the share price trend with the FTSE MIB on a weekly basis, we see Bper maintaining relative strength over the index, as it exploits a greater performance than the index (weekly share performance of +17.3%, versus a +1% gain in the index).
The technical picture for Bper is bullish in the short term, with resistance seen at 5.809 Euros, while the first support level is estimated at 5.575. The technicals point towards further upside, with resistance seen at the 6.043 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)
(Foto: © Nupean Pruprong / 123RF)
(Teleborsa) 10-10-2024 09:35 AM