Milan: Pirelli & C well in the green
(Teleborsa) - Pirelli & C increases its performance, climbing +2.75%.The analysis of Pirelli & C's share price on a weekly basis highlights its bullish trend line, as it outperforms the benchmark. Thus the share is showing a greater performance than the FTSE MIB.
The technical status of Pirelli & C shows that the security's performance is increasing in the short term, with the first resistance area identified at the 6.043 Euros level. There is the risk of a possible correction towards the target of 5.921. Yet, we expect a rise of the bullish trend line towards the resistance area at 6.165.
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) 27-02-2025 09:35
