(Finance) – Goes on the market Saipemwhich suffers with a decline of 27.01%, after the banks of the guarantee consortium, who intervened to subscribe almost 30% of the unsold 2 billion capital increase, announced the placement on the market of a package equal to 20% of the capital of the energy company.
The trend of the services and solutions companies for the energy and infrastructure sector in the week, compared to FTSE MIBnotes a lower relative strength of the stock, which could fall prey to sellers ready to take advantage of potential weaknesses.
The technical scenario of Saipem shows a widening of the descending trendline at the test of the 0.8137 Euro support with a resistance area identified at 0.9269. The bearish figure suggests the likelihood of testing new identifiable bottoms in the 0.7733 area.