Milan: Mediobanca on the rise
(Teleborsa) - Mediobanca is doing well with an increase of of 2.41%.In terms of weekly performance, the share's trend matches the FTSE MIB benchmark index, which means that the share price is supported by market movement rather than by news relating to the company.
Technicals show the security in a moderately positive position with the closest resistance at 17.99. Support at 16.96 is keeping the bears at bay. Mediobanca's uptrend is confirmed by the 5-day moving average crossing up through the longer-term moving average for 8 days. At present, there is a good possibility of prices advancing towards the 17.99 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) 03-17-2025 12:30 PM
