Milan: Fincantieri trades in negative territory
(Teleborsa) - Fincantieri is in negative territory as it trades with a -2.29% loss.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.
Technically, Fincantieri is in a strong uptrend with resistance in the 4.974 Euros area, while the most immediate support is listed at 4.859. The trading outlook is positive, with the bulls likely to target the 5.089 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) 07-05-2024 09:35 AM