Milan: Recordati negative
(Teleborsa) - A negative day for Recordati as it sheds -2.85%.A comparison of the security and the FTSE MIB index on a weekly basis shows the greater relative strength of Recordati, confirming a better performance for the security in comparison to the related index.
The technical picture for Recordati is bullish in the short term, with resistance seen at 52.68 Euros, while the first support level is estimated at 50.23. The technicals point towards further upside, with resistance seen at the 55.13 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) 04-24-2024 12:30 PM