Our pivot point is at 197.56.
Our preference: rebound towards 199.10
Alternative scenario: below 197.56, expect 197.01 and 196.68.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 198.14 and 198.50).
Supports and resistances:
199.75 **
199.42 *
199.10 **
198.77
198.03 last
197.77
197.56 **
197.01 *
196.68 **
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 07-29-2025 at 10:46 UTC+1
Price reference: 198.03 last known on 07-29-2025 at 10:46 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