Milan: Fincantieri on the rise
(Teleborsa) - Another bullish cue from Fincantieri as it trades with a good +2.45% gain.The analysis of Fincantieri's share price on a weekly basis highlights its bullish trend line, as it outperforms the benchmark. Thus the share is showing a greater performance than the FTSE Italia Mid Cap.
The short-term technical picture for Fincantieri shows an acceleration of the uptrend towards a target of 5.588 Euros. A possible decline to 5.396 would represent a temporary correction and would not compromise the strength of the current trend. Expect an extension of the bullish trend line towards the 5.78 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) 07-19-2024 12:30 PM