Milan: downbeat day for Prysmian
(Teleborsa) - A negative day for Prysmian as it sheds -2.29%.
In the last week Prysmian underperformed the FTSE MIB index, therefore showing a lower performance than the benchmark.
According to the short-term technicals, Prysmian will continue its positive development to test the resistance area of 64.43 Euros. There is the possibility of a decline to the 62.29 low. Overall, we expect the stock to breakout and test new resistance at 66.57.
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) 12-09-2024 12:30 PM
In the last week Prysmian underperformed the FTSE MIB index, therefore showing a lower performance than the benchmark.
According to the short-term technicals, Prysmian will continue its positive development to test the resistance area of 64.43 Euros. There is the possibility of a decline to the 62.29 low. Overall, we expect the stock to breakout and test new resistance at 66.57.
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) 12-09-2024 12:30 PM