Milan: gains for Unicredit
(Teleborsa) - A positive session for Unicredit as it progresses +2.68%A comparison of the security and the FTSE MIB index on a weekly basis shows the greater relative strength of Unicredit, confirming a better performance for the security in comparison to the related index.
The medium-term picture confirms that Unicredit is in a positive phase. In the short-term chart the bullish tendency is less pronounced as prices test the high of 37.51. First support is at 36.52. The technicals favour a bearish development towards the imminent low of 35.92 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) 12-09-2024 12:30