Our pivot point stands at 15.91.
Our preference: the downside prevails as long as 15.91 is resistance.
Alternative scenario: above 15.91, look for 16.38 and 16.66.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 15.61 and 15.59).
Supports and resistances:
16.66 **
16.38 *
15.91 **
15.72
15.49 last
14.93
14.65 **
14.37 *
14.10 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-26-2025 at 21:57 UTC+1
Price reference: 15.49 last known on 05-26-2025 at 21:57 UTC+1
Investment horizon: INTRADAY
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