Our pivot point is at 836.5.
Our preference: rebound towards 869.2.
Alternative scenario: below 836.5, expect 823.9 and 816.4.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (846.3) but below its 50 period moving average (851).
Supports and resistances:
884.2 **
876.7 *
869.2 **
861.7
846.4 last
841.4
836.5 **
823.9 *
816.4 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-05-2025 at 04:03 UTC+1
Price reference: 846.4 last known on 09-05-2025 at 04:03 UTC+1
Investment horizon: INTRADAY
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