Milan: major selling for Stellantis
(Teleborsa) - The International automobile company is in the red with a -3.03% loss.In the last week Stellantis underperformed the FTSE MIB index, therefore showing a lower performance than the benchmark.
The technical picture for Stellantis suggests that the bearish trend is to continue towards a test of the 11.88 Euros floor, while the 12.25 area represents the current price ceiling. The outlook is for an extension of the downtrend to test new lows identified at the 11.74 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) 10-03-2024 09:35 AM