Our pivot point stands at 2953.
Our preference: the upside prevails as long as 2953 is support.
Alternative scenario: the downside breakout of 2953 would call for 2877 and 2831.
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 below its 20 period moving average (3022) but above its 50 period moving average (3017).
Supports and resistances:
3249 **
3204 *
3158 **
3112
3020 last
2984
2953 **
2877 *
2831 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-20-2025 at 08:10 UTC+1
Price reference: 3020 last known on 11-20-2025 at 08:10 UTC+1
Investment horizon: INTRADAY
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