Milan: positive day for Saipem
(Teleborsa) - Positive results for the Italian oil and gas industry contractor as it rises +1.93%.The technical scenario for Saipem in the last week shows the security lagging behind the FTSE MIB. As compared to the related index, the security has shown a lower performance.
The medium-term analysis confirms Saipem's positive trend. Yet, the short-term chart reveals a slowdown of the bullish trend at the test of the 2.546 high. First support is seen at 2.497. The technical outlook is for a negative development in the short term towards the 2.465 support.
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) 27-12-2024 12:30