Milan: gains for Stellantis
(Teleborsa) - Marked growth for the international automobile company as it records a +2.65% improvement on previous levels.Looking at the weekly scenario, Stellantis lagged the benchmark index's gains, showing a lower performance than the FTSE MIB average.
The technical picture of Stellantis signals an extended downtrend towards support seen at 12.2 Euros, while on the upside resistance can be identified in the 12.54 area. The outlook is for Stellantis to pull back further still towards a target of 11.99.
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) 12-05-2024 09:35 AM