Milan: Unicredit on the rise
(Teleborsa) - Another bullish cue from Unicredit as it trades with a good +2.36% gain.The analysis of Unicredit'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.
The medium-term analysis confirms Unicredit's positive trend. Yet, the short-term chart reveals a slowdown of the bullish trend at the test of the 42.06 high. First support is seen at 40.96. The technical outlook is for a negative development in the short term towards the 40.29 support.
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) 11-01-2024 12:30 PM