Our pivot point stands at 15.68.
Our preference: look for a drop towards 15.68 before a bounce.
Alternative scenario: below 15.68, expect 15.25 and 15.00.
Comment: the RSI is above 50. The MACD is negative and below its signal line. The penetration of 50 on the RSI would call for further downside. Moreover, the price is below its 20 period moving average (16.05) but above its 50 period moving average (15.96).
Supports and resistances:
17.29 **
17.04 *
16.78 **
16.53
16.02 last
15.85
15.68 **
15.25 *
15.00 **
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 10-20-2025 at 21:13 UTC+1
Price reference: 16.02 last known on 10-20-2025 at 21:13 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