Our pivot point stands at 83.0.
Our preference: look for a drop towards 83 before a bounce.
Alternative scenario: the downside breakout of 83 would call for 80.3 and 78.8.
Comment: the RSI is above 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI would call for further downside. Moreover, the price is trading under its 20 period moving average (85.1) but above its 50 period moving average (84.8).
Supports and resistances:
93.2 **
91.6 *
90.0 **
88.4
85.1 last
84.1
83.0 **
80.3 *
78.8 **
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 11-26-2025 at 08:44 UTC+1
Price reference: 85.1 last known on 11-26-2025 at 08:44 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