Our pivot point stands at 675.1.
Our preference: the upside prevails as long as 675.1 is support.
Alternative scenario: the downside breakout of 675.1 would call for 667.5 and 662.9.
Comment: the RSI is trading above 70. This could mean that either the price is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 664.5 and 661.2).
Supports and resistances:
699.9 *
695.3 **
690.8
681.6 last
675.1 **
667.5 *
662.9 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-13-2026 at 06:03 UTC+1
Price reference: 681.6 last known on 05-13-2026 at 06:03 UTC+1
Investment horizon: INTRADAY
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