Milan: positive day for Nexi
(Teleborsa) - Marked growth for the leading company in Italy for electronic payments as it records a +3.14% improvement on previous levels.In the weekly comparison, Nexi's trend is more pronounced than the FTSE MIB trend line, revealing a greater performance when compared to the index.
Nexi's medium-term technicals remain negative. The short term, however, shows increasing bullish strength as the security tests first resistance in the 5.693 area, while support is estimated at 5.551. The technicals favour a new upswing with a likely target of 5.835.
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