Milan: major selling for Banca Popolare Sondrio
(Teleborsa) - Banca Popolare Sondrio is in negative territory as it trades with a -2.02% loss.The technical scenario for Banca Popolare Sondrio in the last week shows the security lagging behind the FTSE MIB. As compared to the related index, the security has shown a lower performance.
While the medium-term scenario still looks bearish, the short-term structure shows some promising signs, with support at 6.733 holding strong. The positive movement in the short term indicates a potential reversal of the bearish trend, with the possibility of prices flirting with the key resistance level of 6.888. Thus there is a good chance of the bullish phase continuing towards the 7.043 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) 06-25-2024 12:30 PM