Milan: gains for Bper
(Teleborsa) - Bper increases its performance, climbing +3.44%.Comparing the share price trend with the FTSE MIB on a weekly basis, we see Bper maintaining relative strength over the index, as it exploits a greater performance than the index (weekly share performance of +4.68%, versus a -0.76% gain in the index).
The medium-term analysis confirms Bper's positive trend, while the short-term chart shows the beginning of a decline as the stock tests resistance at 5.952. First support is seen at 5.812. Technically, we expect a downward development towards the low of 5.724 in the near term.
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) 11-07-2024 09:35 AM