Our pivot point stands at 16.30.
Our preference: target 15.20.
Alternative scenario: above 16.30, look for 16.73 and 16.98.
Comment: the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (16.08) but above its 50 period moving average (15.95).
Supports and resistances:
16.98 **
16.73 *
16.30 **
16.13
15.97 last
15.46
15.20 **
14.95 *
14.70 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-20-2025 at 18:35 UTC+1
Price reference: 15.97 last known on 10-20-2025 at 18:35 UTC+1
Investment horizon: INTRADAY
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