Milan: bullish cue from Banca Ifis
(Teleborsa) - Banca Ifis is doing well with an increase of of 3.33%.Looking at the weekly scenario, Banca Ifis lagged the benchmark index's gains, showing a lower performance than the FTSE Italia Mid Cap average.
The technical picture is visibly deteriorating, with support in the 18.64 Euros area. On the upside, the main exit level is seen at 19.14. Banca Ifis's decline is highlighted by the 5-day moving average crossing below the 34-day moving average. In the immediate future we are likely to see a further decline towards a target of 18.37.
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) 04-08-2025 12:30 PM
