Stock's Uptrend of UniCredit is in the triangle HI,
UniCredit with its background which means take over or merge of Commerzbank has got a very good fire, fuel to move the its stock higher.
Stock passed all previous levels of resistance even we can think about the first stop on the level of price in field of 53 EUR. It would be incredible achiev
Key facts today
UniCredit's Q3 net profit reached 2.63 billion euros, up from 2.51 billion euros last year. Revenue rose 0.3% to 6.17 billion euros, boosted by strong trading income.
UniCredit has pulled its 15 billion-euro bid for Banco BPM following government demands to exit Russia by early 2026, drawing EU scrutiny over the intervention.
UniCredit CEO Andrea Orcel is under pressure for more updates on mergers and acquisitions, as no deals have been completed despite recent investments. A general manager role may be reinstated.
3.120 EUR
10.16 B EUR
51.40 B EUR
About UniCredit S.p.A.
Sector
Industry
CEO
Andrea Orcel
Website
Headquarters
Milan
Founded
1870
ISIN
US9046784065
FIGI
BBG00MSH7Q35
UniCredit SpA engages in the provision of banking and financial solutions. It operates through the following geographical segments: Italy, Germany, Central Europe, Eastern Europe, Russia, and Group Corporate Centre. The company was founded in 1870 and is headquartered in Milan, Italy.
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6000 employees cut from UnicreditAnother bank, the same story "The Italian bank may lose as many as 10,000 staff in a new strategic plan." It just proves that the banking sector continues to suffer... only a few will survive. For that, they need to restructure and optimize the service.
UniCredit joins other large European banks s
Sell: it's retesting the 12.800 resistanceThe 12.800 has being retested and with very little volumes going to that direction.
There's the potential for a sell-off. The ratio reward/risk it's pretty high since we are close to 12.800 and a good stop loss would be 12.900 - 13.000, while it could go down for much more.
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Displays a symbol's price movements over previous years to identify recurring trends.