Our pivot point is at 59.79.
Our preference: The upside prevails as long as 59.79 is support, with 62.23 and 62.87 as targets
Alternative scenario: below 59.79, expect 58.71 and 58.07.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price is above its 20 and 50 period moving average (respectively at 61.03 and 60.14).
Supports and resistances:
63.52 *
62.87 **
62.23
61.26 last
59.79 **
58.71 *
58.07 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-05-2026 at 13:22 UTC+1
Price reference: 61.26 last known on 08-05-2026 at 13:22 UTC+1
Investment horizon: INTRADAY
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