Milan: Stmicroelectronics on the rise
(Teleborsa) - Stmicroelectronics is doing well with an increase of of 2.05%.For good or for bad, Stmicroelectronics'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.
The medium-term analysis confirms Stmicroelectronics's positive trend, while the short-term chart shows the beginning of a decline as the stock tests resistance at 25.56. First support is seen at 25.23. Technically, we expect a downward development towards the low of 25.03 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) 06-20-2025 09:35 AM