Milan: Campari sharply lower
(Teleborsa) - The Company famed for its bitters trades deep in the red, showing a percentage loss of -14.15%.Looking at the weekly scenario, Campari lagged the benchmark index's gains, showing a lower performance than the FTSE MIB average.
Technicals show the security in a moderately positive position with the closest resistance at 7.077. Support at 6.457 is keeping the bears at bay. Campari's uptrend is confirmed by the 5-day moving average crossing up through the longer-term moving average for 8 days. At present, there is a good possibility of prices advancing towards the 7.077 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: © Campari)
(Teleborsa) 10-30-2024 09:35 AM