Milan: Fincantieri deep in the red
(Teleborsa) - Fincantieri is in disarray as it suffers losses of -5.48%.The weekly analysis of the security and the FTSE Italia Mid Cap shows Fincantieri losing relative strength against the index.
Although the medium-term outlook for Fincantieri remains negative, we find an increasing upward movement in the short term, with the most immediate resistance at 0.6583. Support is at 0.6203. The technicals favour a new upswing to the 0.6963 area.
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) 09-05-2024 09:35