Groupe ADP may fall to 98.10 - 101.20

Our pivot point stands at 115.5.

Our preference

The downside prevails as long as 115.5 is resistance.

Alternative scenario

Above 115.5, look for 120.6 and 123.8.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the share stands below its 20 and 50 day moving average (respectively at 114.38 and 115.032).

Supports and resistances

123.8 **

120.6 *

115.5 **

113.4

110.9 (EUR-last)

104.3

101.2 **

98.1 *

95.2 **

Number of asterisks represents the strength of support and resistance levels.