Milan: Ferragamo takes a dive
(Teleborsa) - The Luxury maison trades deep in the red, showing a percentage loss of +3.32%.Looking at the weekly scenario, Salvatore Ferragamo lagged the benchmark index's gains, showing a lower performance than the FTSE Italia Mid Cap average.
Looking at the short-term chart of the italian fashion firm, we find a modest uptrend with the first resistance area at 6.628 Euros and support at 6.383. The trend hints at a possible upward continuation towards 6.873.
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) 03-10-2025 09:35 AM
