
Milan: gains for Brunello Cucinelli

Comparing the share price trend with the FTSE MIB on a weekly basis, we see Brunello Cucinelli maintaining relative strength over the index, as it exploits a greater performance than the index (weekly share performance of +1.94%, versus a -0.77% gain in the index).
Analysis of the technicals reveals that Brunello Cucinelli is headed further south to test support at 108.2 Euros. First resistance is at 111.6. Expect the downtrend to extend towards new lows around 106.2.
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) 26-03-2025 12:30