Milan: downbeat day for Intesa Sanpaolo

(Teleborsa) - The Italian commercial bank is bearish as it trades -3.32% down.

Intesa Sanpaolo's weekly trend is more sluggish than the benchmark's movements, showing a downswing performance in comparison to the related FTSE MIB index.

Short-term analysis of Intesa Sanpaolo confirms that the security's bullish phase is to continue, with immediate resistance seen at 4.907 Euros and the first support identified at 4.721. Technically, we can expect further upward movement towards new highs in the 5.093 region.

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) 20-03-2025 12:30