Milan: downbeat day for Brunello Cucinelli
(Teleborsa) - Brunello Cucinelli slides steadily, trading -2.26% down on previous levels.In the last week Brunello Cucinelli underperformed the FTSE MIB index, therefore showing a lower performance than the benchmark.
The technical assumptions for Brunello Cucinelli's medium-term performance are still downbeat. Yet, positive signs do emerge from the short-term view, with the fastest indicators showing a decrease in downward momentum. At this point, a slowing of the downturn is possible as prices approach 105.6. The most immediate resistance is estimated at 112.8. Expect an intermediate corrective phase which brings prices back into line, with a target of 120 in the near future.
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) 03-14-2025 12:30 PM
