Milan: Fincantieri revs up
(Teleborsa) - Effervescent Fincantieri records a decidedly positive performance of +5.42%.
On a weekly basis, the stock is trending higher than the FTSE Italia Mid Cap. The performance of Fincantieri, in fact, has been higher than the related benchmark index.
The technical status of Fincantieri shows that the security's performance is increasing in the short term, with the first resistance area identified at the 5.76 Euros level. There is the risk of a possible correction towards the target of 5.518. Yet, we expect a rise of the bullish trend line towards the resistance area at 6.002.
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) 11-11-2024 12:30 PM
On a weekly basis, the stock is trending higher than the FTSE Italia Mid Cap. The performance of Fincantieri, in fact, has been higher than the related benchmark index.
The technical status of Fincantieri shows that the security's performance is increasing in the short term, with the first resistance area identified at the 5.76 Euros level. There is the risk of a possible correction towards the target of 5.518. Yet, we expect a rise of the bullish trend line towards the resistance area at 6.002.
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) 11-11-2024 12:30 PM