Our pivot point stands at 4298.
Our preference: rebound.
Alternative scenario: below 4298, expect 4186 and 4120.
Comment: the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above its 20 period moving average (4393) but under its 50 period moving average (4429).
Supports and resistances:
4761 **
4694 *
4627 **
4560
4415 last
4342
4298 **
4186 *
4120 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-04-2025 at 15:00 UTC+1
Price reference: 4415 last known on 09-04-2025 at 15:00 UTC+1
Investment horizon: INTRADAY
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