Milan: Prysmian well in the green

(Teleborsa) - Positive results for Prysmian as it rises +2.91%.

For good or for bad, Prysmian's movements during the last week have followed the FTSE MIB's trend. Thus the reference market currently has a greater influence on the share price than any company-specific news.

While there is still plenty of positive sentiment surrounding the medium term, indicators show that short-term performance is down, with the share failing to break the resistance estimated at 51.37. Near-term support at 50.07 remains intact. This corrective phase is likely to continue towards the 49.25 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) 04-26-2024 12:30 PM