Milan: negative performance for Finecobank
(Teleborsa) - Negative trading results for Finecobank as it declines -2.94%.Finecobank's weekly trend is more sluggish than the benchmark's movements, showing a downswing performance in comparison to the related FTSE MIB index.
There are signals for gains in the short-term with the most immediate resistance seen at 15.13 Euros and support of the current trading range at 14.76. Finecobank's steady uptrend is supported by the crossing of the 5-day moving average above the 34-day moving average. Based on the technicals, we can expect to see the bulls headed for the 15.5 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) 10-30-2024 12:30 PM