Milan: Stmicroelectronics well in the green
(Teleborsa) - Stmicroelectronics is doing well with an increase of of 3.15%.The analysis of Stmicroelectronics's share price on a weekly basis highlights its bullish trend line, as it outperforms the benchmark. Thus the share is showing a greater performance than the FTSE MIB.
Stmicroelectronics's technical status shows signs of decline with support listed at 25.72 Euros, while on the upside resistance can be identified at 26.24. In the next session we could witness a further downswing with a likely target of 25.38.
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) 19-09-2024 12:30