Our pivot point is at 17.03.
Our preference: the upside prevails as long as 17.03 is support.
Alternative scenario: below 17.03, expect 16.48 and 16.16.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 17.20 and 16.96).
Supports and resistances:
19.14 **
18.81 *
18.49 **
18.16
17.47 last
17.25
17.03 **
16.48 *
16.16 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-19-2025 at 19:41 UTC+1
Price reference: 17.47 last known on 10-19-2025 at 19:41 UTC+1
Investment horizon: INTRADAY
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