Milan: Sanlorenzo shines
(Teleborsa) - Marked growth for the luxury yacht builder as it records a +2.31% improvement on previous levels.On a weekly basis, the stock is trending higher than the FTSE Italia Mid Cap. The performance of Sanlorenzo, in fact, has been higher than the related benchmark index.
The medium-term analysis confirms Sanlorenzo's positive trend, while the short-term chart shows the beginning of a decline as the stock tests resistance at 42.47. First support is seen at 41.22. Technically, we expect a downward development towards the low of 40.38 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)
(Teleborsa) 05-06-2024 12:30 PM