Our pivot point is at 52.0.
Our preference: The upside prevails as long as 52.0 is support, with 53.5 and 53.8 as targets
Alternative scenario: below 52.0, expect 51.6 and 51.3.
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 above its signal line and positive. The configuration is positive. The price is above its 20 and 50 period moving average (respectively at 51.4 and 51.1).
Supports and resistances:
54.1 *
53.8 **
53.5
53.0 last
52.0 **
51.6 *
51.3 **
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 09-05-2026 at 07:45 UTC+1
Price reference: 53.0 last known on 09-05-2026 at 07:45 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