Milan: strong day for Banco Bpm
(Teleborsa) - Positive results for Banco Bpm as it rises +2.52%.Banco Bpm is trending in accord with the FTSE MIB, which makes the security a low alpha asset, that does not yield returns above and beyond its benchmark index.
Banco Bpm's technical status shows signs of decline with support listed at 5.87 Euros, while on the upside resistance can be identified at 5.97. In the next session we could witness a further downswing with a likely target of 5.806.
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) 12-09-2024 09:35