Milan: Prysmian shines
(Teleborsa) - Marked growth for Prysmian as it records a +2.34% improvement on previous levels.
The analysis of Prysmian'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 scenario for Prysmian shows a continuation of the downtrend to test support at 60.93 Euros, with a resistance area at 61.57. The bearish pattern suggests that new lows will probably be tested in the 60.53 area.
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) 11-20-2024 12:30 PM
The analysis of Prysmian'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 scenario for Prysmian shows a continuation of the downtrend to test support at 60.93 Euros, with a resistance area at 61.57. The bearish pattern suggests that new lows will probably be tested in the 60.53 area.
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) 11-20-2024 12:30 PM