Our pivot point stands at 15.22.
Our preference: the downside prevails as long as 15.22 is resistance.
Alternative scenario: above 15.22, look for 15.69 and 15.97.
Comment: the RSI is below 30. It could either mean that the price is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 15.34 and 15.45).
Supports and resistances:
15.97 **
15.69 *
15.22 **
15.04
14.85 last
14.22
13.95 **
13.67 *
13.39 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-13-2025 at 21:15 UTC+1
Price reference: 14.85 last known on 11-13-2025 at 21:15 UTC+1
Investment horizon: INTRADAY
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