Milan: bullish cue from Sanlorenzo
(Teleborsa) - The Luxury yacht builder achieves a significant increase, gaining +3.35% on previous levels.A comparison of the security and the FTSE Italia Mid Cap index on a weekly basis shows the greater relative strength of Sanlorenzo, confirming a better performance for the security in comparison to the related index.
Sanlorenzo's technical status shows signs of decline with support listed at 39.27 Euros, while on the upside resistance can be identified at 40.62. In the next session we could witness a further downswing with a likely target of 38.38.
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) 04-23-2024 09:35 AM