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Milan: Stellantis well in the green
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Stellantis's weekly trend is more sluggish than the benchmark's movements, showing a downswing performance in comparison to the related FTSE MIB index.
Although the medium-term outlook for Stellantis remains negative, we find an increasing upward movement in the short term, with the most immediate resistance at 14.65. Support is at 14.41. The technicals favour a new upswing to the 14.9 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) 08-16-2024 12:30 PM