Milan: Buzzi trades in negative territory
(Teleborsa) - A negative day for the construction material manufacturer as it sheds -2.25%.The weekly analysis of the security and the FTSE Italia Mid Cap shows Buzzi losing relative strength against the index.
The medium-term picture confirms that Buzzi is in a positive phase. In the short-term chart the bullish tendency is less pronounced as prices test the high of 40.49. First support is at 39.61. The technicals favour a bearish development towards the imminent low of 39.31 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)
(Foto: © sergwsq / 123RF)
(Teleborsa) 11-27-2024 12:30 PM