Milan: Leonardo in the red
(Teleborsa) - The Italian Holding operating in the aeronautics sector is -3.07% down on previous levels after a steady fall.The weekly analysis of the security and the FTSE MIB shows Leonardo losing relative strength against the index.
The technical status of the Italian contractor in the defense sector shows that the security's performance is increasing in the short term, with the first resistance area identified at the 26.17 Euros level. There is the risk of a possible correction towards the target of 25.31. Yet, we expect a rise of the bullish trend line towards the resistance area at 27.03.
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 PM