Our pivot point stands at 644.5.
Our preference: our next up target stands at 672.6.
Alternative scenario: below 644.5, expect 634.4 and 628.3.
Comment: the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 652.2 and 653.6).
Supports and resistances:
684.7 **
678.6 *
672.6 **
666.5
654.1 last
648.5
644.5 **
634.4 *
628.3 **
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 05-16-2025 at 04:05 UTC+1
Price reference: 654.1 last known on 05-16-2025 at 04:05 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