Milan: Fincantieri shines
(Teleborsa) - A positive session for Fincantieri as it progresses +3.65%Comparing the share price trend with the FTSE Italia Mid Cap on a weekly basis, we see Fincantieri maintaining relative strength over the index, as it exploits a greater performance than the index (weekly share performance of +13.65%, versus a +0.35% gain in the index).
While the medium-term picture confirms Fincantieri's negative trend, the short term reveals the possibility of a timid upswing to first resistance in the 4.569 area. First support is identified at 4.378. Further positive cues could signal an upward movement with a target of 4.76.
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) 06-26-2024 09:35 AM