Milan: positive day for Prysmian
(Teleborsa) - Prysmian achieves a significant increase, gaining +3.5% on previous levels.A comparison of the security and the FTSE MIB index on a weekly basis shows the greater relative strength of Prysmian, confirming a better performance for the security in comparison to the related index.
Analysis of the technicals reveals that Prysmian is headed further south to test support at 59.19 Euros. First resistance is at 60.25. Expect the downtrend to extend towards new lows around 58.65.
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) 07-09-2024 09:35 AM