Milan: negative performance for Mondadori
(Teleborsa) - Negative trading results for Mondadori as it declines -2.37%.In terms of weekly performance, the share's trend matches the FTSE Italia Mid Cap benchmark index, which means that the share price is supported by market movement rather than by news relating to the company.
Mondadori's short-term technicals show its bullish trend running out of steam as it tests resistance at 2.525. First support is seen at 2.435. Expect a negative continuation towards the 2.395 level in the immediate future.
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) 12-09-2024 12:30