
Milan: Pirelli & C on the rise

In the weekly comparison, Pirelli & C's trend is more pronounced than the FTSE MIB trend line, revealing a greater performance when compared to the index.
The medium-term picture confirms that Pirelli & C is in a positive phase. In the short-term chart the bullish tendency is less pronounced as prices test the high of 5.799. First support is at 5.689. The technicals favour a bearish development towards the imminent low of 5.633 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)
(Foto: © vladimir razgulyaev / Dreamstime)
(Teleborsa) 01-14-2025 09:35 AM