Milan: Leonardo in the red
(Teleborsa) - The Italian Holding operating in the aeronautics sector is -3.19% down on previous levels after a steady fall.A comparison of the security and the FTSE MIB index on a weekly basis shows the greater relative strength of Leonardo, confirming a better performance for the security in comparison to the related index.
The short-term analysis of the Italian contractor in the defense sector reveals a marginally positive trend with an immediate resistance area identified at 22.29 Euros and support at 21.18. Such a trend line anticipates a possible bullish continuation to test the 23.4 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) 04-18-2024 12:30 PM