Milan: strong day for Banco Bpm
(Teleborsa) - A lively session for Banco Bpm, which makes a big leap forward gaining +2.15%.The analysis of Banco Bpm'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.
Analysis of the technicals reveals that Banco Bpm is headed further south to test support at 5.982 Euros. First resistance is at 6.148. Expect the downtrend to extend towards new lows around 5.884.
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) 24-09-2024 12:30