2698 is our pivot point.
Our preference: the downside prevails as long as 2698 is resistance.
Alternative scenario: above 2698, look for 2781 and 2830.
Comment: the RSI is below its neutrality area at 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 2647 and 2649).
Supports and resistances:
2830 **
2781 *
2698 **
2666
2628 last
2529
2480 **
2430 *
2381 **
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 05-28-2025 at 08:50 UTC+1
Price reference: 2628 last known on 05-28-2025 at 08:50 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