Milan: positive day for Unicredit
(Teleborsa) - A lively session for Unicredit, which makes a big leap forward gaining +3.1%.
The analysis of Unicredit'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.
Looking at the short-term chart of Unicredit, we find a modest uptrend with the first resistance area at 36.17 Euros and support at 35.56. The trend hints at a possible upward continuation towards 36.77.
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) 05-07-2024 09:35 AM
The analysis of Unicredit'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.
Looking at the short-term chart of Unicredit, we find a modest uptrend with the first resistance area at 36.17 Euros and support at 35.56. The trend hints at a possible upward continuation towards 36.77.
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) 05-07-2024 09:35 AM