Our pivot point is at 68,705.
Our preference: As long as 68,705 is support, look for 70,469
Alternative scenario: below 68,705, expect 68,160 and 67,836.
Comment: the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is below its signal line and positive. The price could retrace. The price is above its 20 and 50 period moving average (respectively at 68,443 and 66,033).
Supports and resistances:
70,795 *
70,469 **
70,144
69,312 last
68,705 **
68,160 *
67,836 **
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 08-20-2026 at 02:12 UTC+1
Price reference: 69312 last known on 08-20-2026 at 02:12 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