Our pivot point is at 2946.
Our preference: rebound.
Alternative scenario: below 2946, expect 2870 and 2824.
Comment: the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above its 20 period moving average (2959) but under its 50 period moving average (3033).
Supports and resistances:
3250 **
3204 *
3158 **
3112
3010 last
2976
2946 **
2870 *
2824 **
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 11-20-2025 at 00:48 UTC+1
Price reference: 3010 last known on 11-20-2025 at 00:48 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