Our pivot point stands at 197.43.
Our preference: rebound towards 199.92.
Alternative scenario: below 197.43, expect 196.60 and 196.10.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 198.28 and 198.69).
Supports and resistances:
200.92 **
200.42 *
199.92 **
199.43
198.25 last
197.76
197.43 **
196.60 *
196.10 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-20-2025 at 22:29 UTC+1
Price reference: 198.25 last known on 08-20-2025 at 22:29 UTC+1
Investment horizon: INTRADAY
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