Milan: downside move for Prysmian
(Teleborsa) - Prysmian is in negative territory as it trades with a -2.72% loss.The technical scenario for Prysmian 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.
The technical picture for Prysmian suggests that the bearish trend is to continue towards a test of the 60.91 Euros floor, while the 62.51 area represents the current price ceiling. The outlook is for an extension of the downtrend to test new lows identified at the 60.35 level.
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) 11-07-2024 09:35 AM