Milan: Nexi shines
(Teleborsa) - The Leading company in Italy for electronic payments is doing well with an increase of of 1.89%.The analysis of Nexi's share price on a weekly basis highlights its bullish trend line, as it outperforms the benchmark. Thus the share is showing a greater performance than the FTSE MIB.
The technical picture of Nexi signals an extended downtrend towards support seen at 5.469 Euros, while on the upside resistance can be identified in the 5.531 area. The outlook is for Nexi to pull back further still towards a target of 5.429.
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) 04-22-2024 09:35 AM