Milan: Banco Bpm trades in negative territory
(Teleborsa) - Banco Bpm is in the red with a -1.96% loss.Banco Bpm's weekly trend is more sluggish than the benchmark's movements, showing a downswing performance in comparison to the related FTSE MIB index.
The medium-term analysis confirms Banco Bpm's positive trend. Yet, the short-term chart reveals a slowdown of the bullish trend at the test of the 6.219 high. First support is seen at 6.023. The technical outlook is for a negative development in the short term towards the 5.941 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) 05-09-2024 12:30 PM