Milan: strong day for MPS Bank
(Teleborsa) - Positive results for Monte Paschi as it rises +1.92%.The analysis of bank of Siena'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.
Short-term analysis of Banca Monte Paschi confirms that the security's bullish phase is to continue, with immediate resistance seen at 6.837 Euros and the first support identified at 6.685. Technically, we can expect further upward movement towards new highs in the 6.989 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) 12-30-2024 12:30 PM