Milan: Ferragamo impresses

(Teleborsa) - A top performance from the luxury maison as it trades +4.92% up.

In the weekly comparison, Salvatore Ferragamo's trend is more pronounced than the FTSE Italia Mid Cap trend line, revealing a greater performance when compared to the index.

The short-term scenario shows a decline towards the 6.607 Euros area with first resistance seen at 6.977. Expectations are for the italian fashion firm to continue its negative run towards support at 6.383.

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) 18-10-2024 09:35