Milan: Unipol shines
(Teleborsa) - Positive results for Unipol as it rises +1.95%.Analysing the security's performance against the FTSE MIB index on a weekly basis, we discover that the security is perfectly in line with the benchmark in terms of relative strength.
New technical evidence points to a decline of Unipol's stock price, which could hit the most immediate support seen at the 9.29 Euros level. However, a sudden rebound would undermine the above scenario by triggering a bullish rise, with the most immediate resistance of 9.48 as a new target. In the next session we can expect a continuation of the downtrend to the key support level of 9.16.
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) 11-09-2024 12:30