Milan: downbeat day for Prysmian
(Teleborsa) - Prysmian is in negative territory as it trades with a -3.04% loss.The weekly analysis of the security and the FTSE MIB shows Prysmian losing relative strength against the index.
According to the short-term technicals, Prysmian will continue its positive development to test the resistance area of 66.51 Euros. There is the possibility of a decline to the 65.09 low. Overall, we expect the stock to breakout and test new resistance at 67.93.
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) 10-30-2024 09:35 AM