12.76 is our pivot point.
Our preference: rebound towards 13.87.
Alternative scenario: the downside breakout of 12.76 would call for 12.35 and 12.10.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (13.05) but under its 50 period moving average (13.44).
Supports and resistances:
14.36 **
14.11 *
13.87 **
13.62
13.13 last
12.92
12.76 **
12.35 *
12.10 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-21-2025 at 02:09 UTC+1
Price reference: 13.13 last known on 11-21-2025 at 02:09 UTC+1
Investment horizon: INTRADAY
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