Milan: Generali revs up
(Teleborsa) - Generali stands out as it trades with a +4.8% increase.A comparison of the security and the FTSE MIB index on a weekly basis shows the greater relative strength of Generali, confirming a better performance for the security in comparison to the related index.
Generali's medium-term technicals confirm its negative trend line. Yet, in the short-term view the downturn looks less marked, and we could see a reversal towards the 27.22 resistance level. On bullish cues the stock could reach the target high of 27.65, while first support is seen at 26.79.
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) 11-15-2024 09:35 AM