Milan: bullish cue from Bper
(Teleborsa) - Positive results for Bper as it rises +2.87%.In terms of weekly performance, the share's trend matches the FTSE MIB benchmark index, which means that the share price is supported by market movement rather than by news relating to the company.
The medium-term picture confirms that Bper is in a positive phase. In the short-term chart the bullish tendency is less pronounced as prices test the high of 4.39. First support is at 4.229. The technicals favour a bearish development towards the imminent low of 4.126 in the near term.
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) 04-17-2024 12:30 PM