Milan: Brunello Cucinelli negative
(Teleborsa) - Brunello Cucinelli is in the red with a -2.05% loss.
Looking at the weekly scenario, Brunello Cucinelli lagged the benchmark index's gains, showing a lower performance than the FTSE MIB average.
Brunello Cucinelli's medium-term technicals confirm its negative trend line. Yet, in the short-term view the downturn looks less marked, and we could see a reversal towards the 84.88 resistance level. On bullish cues the stock could reach the target high of 86.78, while first support is seen at 82.98.
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) 18-09-2024 12:30
Looking at the weekly scenario, Brunello Cucinelli lagged the benchmark index's gains, showing a lower performance than the FTSE MIB average.
Brunello Cucinelli's medium-term technicals confirm its negative trend line. Yet, in the short-term view the downturn looks less marked, and we could see a reversal towards the 84.88 resistance level. On bullish cues the stock could reach the target high of 86.78, while first support is seen at 82.98.
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) 18-09-2024 12:30