Our pivot point is at 193.05.
Our preference: the upside prevails as long as 193.05 is support.
Alternative scenario: the downside breakout of 193.05 would call for 192.23 and 191.75.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 193.54 and 193.52).
Supports and resistances:
196.23 **
195.74 *
195.26 **
194.77
193.75 last
193.37
193.05 **
192.23 *
191.75 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-16-2025 at 22:05 UTC+1
Price reference: 193.75 last known on 05-16-2025 at 22:05 UTC+1
Investment horizon: INTRADAY
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