Milan: Stmicroelectronics negative
(Teleborsa) - Negative trading results for Stmicroelectronics as it declines -3.74%.The weekly analysis of the security and the FTSE MIB shows Stmicroelectronics losing relative strength against the index.
Short-term analysis of Stmicroelectronics confirms that the security's bullish phase is to continue, with immediate resistance seen at 24.42 Euros and the first support identified at 23.98. Technically, we can expect further upward movement towards new highs in the 24.85 region.
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) 12-19-2024 09:35 AM