Groupe ADP may rise to 131.10 - 134.00

Our pivot point stands at 114.9.

Our preference

The upside prevails as long as 114.9 is support.

Alternative scenario

Below 114.9, expect 110.2 and 107.3.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 118.32 and 120.802).

Supports and resistances

137.1 **

134 *

131.1 **

128.2

122 (EUR-last)

116.8

114.9 **

110.2 *

107.3 **

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