Our pivot point is at 164.07.
Our preference: technical rebound towards 164.07 before a new drop.
Alternative scenario: above 164.07, look for 164.69 and 165.05.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price stands above its 20 period moving average (163.48) but below its 50 period moving average (163.51).
Supports and resistances:
165.05 **
164.69 *
164.07 **
163.82
163.51 last
162.76
162.40 **
162.03 *
161.66 **
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 05-09-2025 at 22:30 UTC+1
Price reference: 163.51 last known on 05-09-2025 at 22:30 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