Milan: Stmicroelectronics negative
(Teleborsa) - Stmicroelectronics slides steadily, trading -1.97% down on previous levels.Stmicroelectronics's weekly trend is more sluggish than the benchmark's movements, showing a downswing performance in comparison to the related FTSE MIB index.
The short-term scenario shows a decline towards the 24.23 Euros area with first resistance seen at 24.53. Expectations are for Stmicroelectronics to continue its negative run towards support at 24.1.
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) 11-04-2024 09:35 AM