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Milan: positive day for Banca Ifis
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In the weekly comparison, Banca Ifis's trend is more pronounced than the FTSE Italia Mid Cap trend line, revealing a greater performance when compared to the index.
New technical evidence points to a decline of Banca Ifis's stock price, which could hit the most immediate support seen at the 19.46 Euros level. However, a sudden rebound would undermine the above scenario by triggering a bullish rise, with the most immediate resistance of 19.87 as a new target. In the next session we can expect a continuation of the downtrend to the key support level of 19.18.
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) 06-24-2024 09:35 AM