Milan: Mediobanca falls
(Teleborsa) - Mediobanca is bearish as it trades -1.94% down.In the last week Mediobanca underperformed the FTSE MIB index, therefore showing a lower performance than the benchmark.
The medium-term analysis confirms Mediobanca's positive trend. Yet, the short-term chart reveals a slowdown of the bullish trend at the test of the 14.88 high. First support is seen at 14.5. The technical outlook is for a negative development in the short term towards the 14.36 support.
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) 11-09-2024 12:30