Milan: Fincantieri struggles in tough session
(Teleborsa) - Fincantieri trades deep in the red, showing a percentage loss of -4.78%.Fincantieri's weekly trend is more sluggish than the benchmark's movements, showing a downswing performance in comparison to the related FTSE Italia Mid Cap index.
Although the medium-term structure still looks good, the short-term view shows signs of a contraction, as the security is held in check by resistance identified at the 10.67 level. Support at 9.93 is holding strong. Overall, the situation could warrant a continuation of the consolidation phase towards the 9.58 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) 03-25-2025 12:30 PM
