Our pivot point is at 69,785.
Our preference: The downside prevails as long as 69,785 is resistance, with 67,496 and 66,985 as targets
Alternative scenario: above 69,785, look for 70,650 and 71,165.
Comment: the RSI is below 30. It could either mean that the price is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is below its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 70,273 and 71,641).
Supports and resistances:
71,165 **
70,650 *
69,785 **
68,679 last
67,496
66,985 **
66,475 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 11-13-2026 at 07:45 UTC+1
Price reference: 68679 last known on 11-13-2026 at 07:45 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf