Milan: Stmicroelectronics well in the green
(Teleborsa) - Stmicroelectronics increases its performance, climbing +3.03%.The technical scenario for Stmicroelectronics in the last week shows the security lagging behind the FTSE MIB. As compared to the related index, the security has shown a lower performance.
Analysis of the technicals reveals that Stmicroelectronics is headed further south to test support at 25.18 Euros. First resistance is at 25.9. Expect the downtrend to extend towards new lows around 24.71.
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) 17-09-2024 12:30