Our pivot point stands at 647.0.
Our preference: the upside prevails as long as 647 is support.
Alternative scenario: the downside breakout of 647 would call for 639.9 and 635.7.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 649 and 644).
Supports and resistances:
671.7 *
667.5 **
663.3
652.6 last
647.0 **
639.9 *
635.7 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-21-2026 at 07:43 UTC+1
Price reference: 652.6 last known on 05-21-2026 at 07:43 UTC+1
Investment horizon: INTRADAY
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