Milan: Stellantis on the rise
(Teleborsa) - Marked growth for the international automobile company as it records a +2.17% improvement on previous levels.On a weekly basis, the stock is trending higher than the FTSE MIB. The performance of Stellantis, in fact, has been higher than the related benchmark index.
The technical picture for Stellantis suggests that the bearish trend is to continue towards a test of the 12.21 Euros floor, while the 12.71 area represents the current price ceiling. The outlook is for an extension of the downtrend to test new lows identified at the 11.91 level.
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) 10-31-2024 12:30 PM