Teleborsa News

Milan: downbeat day for Nexi

News Image (Teleborsa) - The Leading company in Italy for electronic payments is in negative territory as it trades with a -3.63% loss.

The technical scenario for Nexi in the last week shows the security lagging behind the FTSE MIB. As compared to the related index, the security has shown a lower performance.

New technical evidence points to a decline of Nexi's stock price, which could hit the most immediate support seen at the 5.297 Euros level. However, a sudden rebound would undermine the above scenario by triggering a bullish rise, with the most immediate resistance of 5.489 as a new target. In the next session we can expect a continuation of the downtrend to the key support level of 5.227.

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) 12-19-2024 12:30 PM


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