Milan: negative performance for Moncler
(Teleborsa) - A bearish session for Moncler as it posts a -2.48% fall.
A comparison of the security and the FTSE MIB index on a weekly basis shows the greater relative strength of Moncler, confirming a better performance for the security in comparison to the related index.
While there is still plenty of positive sentiment surrounding the medium term, indicators show that short-term performance is down, with the share failing to break the resistance estimated at 54.29. Near-term support at 53.07 remains intact. This corrective phase is likely to continue towards the 52.63 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)
(Foto: © TEA/123RF)
(Teleborsa) 10-03-2024 12:30 PM
A comparison of the security and the FTSE MIB index on a weekly basis shows the greater relative strength of Moncler, confirming a better performance for the security in comparison to the related index.
While there is still plenty of positive sentiment surrounding the medium term, indicators show that short-term performance is down, with the share failing to break the resistance estimated at 54.29. Near-term support at 53.07 remains intact. This corrective phase is likely to continue towards the 52.63 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)
(Foto: © TEA/123RF)
(Teleborsa) 10-03-2024 12:30 PM