Milan: Ferragamo negative
(Teleborsa) - The Luxury maison is bearish as it trades -2.02% down.The technical scenario for Salvatore Ferragamo in the last week shows the security lagging behind the FTSE Italia Mid Cap. As compared to the related index, the security has shown a lower performance.
The Italian fashion firm's technical status shows signs of decline with support listed at 6.507 Euros, while on the upside resistance can be identified at 6.612. In the next session we could witness a further downswing with a likely target of 6.468.
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) 10-10-2024 09:35 AM