
Milan: Leonardo just keeps going

On a weekly basis, the stock is trending higher than the FTSE MIB. The performance of Leonardo, in fact, has been higher than the related benchmark index.
The technical picture for the Italian contractor in the defense sector suggests that the bearish trend is to continue towards a test of the 40.05 Euros floor, while the 41.47 area represents the current price ceiling. The outlook is for an extension of the downtrend to test new lows identified at the 39.26 level.
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) 04-08-2025 09:35 AM