
Milan: Cembre shines

In the weekly comparison, Cembre's trend is more pronounced than the FTSE Italia Mid Cap trend line, revealing a greater performance when compared to the index.
Although the medium-term structure still looks good, the short-term view shows signs of a contraction, as the security is held in check by resistance identified at the 57.33 level. Support at 56.13 is holding strong. Overall, the situation could warrant a continuation of the consolidation phase towards the 55.37 level.
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) 06-20-2025 12:30 PM