Societe Generale’s ADR ( SCGLY ) holds a neutral daily setup, with short-term support offset by resistance at longer exponential averages. The ADR sits above its 20-session EMA but below its 50-session and 200-session EMAs, leaving the hourly chart to offer support without resolving the daily conflict.
SCGLY — daily chart with candlesticks, EMA20/EMA50 and volume.
Key takeaways
SCGLY closed Thursday at $14.43, down 0.69%, above its daily 20-session EMA at $14.21 but below the 50-session EMA at $15.15 and 200-session EMA at $15.76.
Daily RSI14 is 49.79, just below the neutral 50 threshold, while the daily MACD histogram is positive at 0.17.
The daily Bollinger mid-band is $14, with the upper band at $14.74 and lower band at $13.26; daily ATR14 is $0.42.
Hourly RSI14 is 62.52, and the ADR sits above the hourly 20-hour EMA at $14.27 and 50-hour EMA at $14.05 but below the 200-hour EMA at $14.61.
Next-session pivot is $14.44, with first resistance at $14.69 and first support at $14.17.
Societe Generale daily analysis: support without bullish alignment
SCGLY’s daily chart shows support at the daily 20-session EMA of $14.21 but no bullish alignment. The 50-session EMA at $15.15 and 200-session EMA at $15.76 remain above the closing price, keeping the longer-term structure tilted lower.
On Thursday, November 5, 2026, the ADR opened at $14.70, traded between a low of $14.18 and a high of $14.70, and closed at $14.43, against a previous close of $14.53.
Meanwhile, daily RSI14 stands at 49.79, just below the neutral 50 threshold. The MACD line is -0.37, above its signal at -0.55, with a positive MACD histogram of 0.17. These readings conflict: RSI provides no bullish confirmation, while MACD supports the constructive side of the neutral case.
The daily Bollinger mid-band is $14. The upper band sits at $14.74 and the lower band at $13.26. The close holds above the midpoint but below the upper boundary. Daily ATR14 reads $0.42, providing a volatility reference without establishing a direction.
Hourly support meets longer-term resistance
The hourly chart supports SCGLY in the short term , with the close above the 20-hour and 50-hour EMAs. However, the 200-hour EMA at $14.61 reinforces the daily chart’s overhead resistance and keeps the bullish case unconfirmed.
The close sits above the hourly 20-hour EMA at $14.27 and the 50-hour EMA at $14.05. It remains below the 200-hour EMA at $14.61. This supports the shorter-term picture but does not overcome the daily chart’s longer-average resistance.
Hourly RSI14 is 62.52, above 50 but below overbought territory. The MACD line and signal are both 0.17, with a zero histogram, leaving no separation between them. Price also sits above the hourly Bollinger midpoint at $14.24 and below its upper band at $14.9. Hourly ATR14 is $0.12.
By contrast, the 15-minute chart provides limited directional confirmation for execution timing. The close matches both the 20-period EMA and Bollinger midpoint at $14.43. It sits above the 50-period EMA at $14.33 and the 200-period EMA at $13.98. RSI14 is 50.88, while the MACD histogram is -0.01. The Bollinger boundaries at $14.24 and $14.62 frame short-term price references; ATR14 is $0.07.
Earnings context and next-session scenarios
SCGLY’s next-session pivot sits at $14.44. The bullish scenario depends on holding the daily 20-session EMA at $14.21 and clearing that pivot level, with overhead resistance from the 200-hour EMA and daily Bollinger upper band defining the path higher.
Societe Generale’s earnings coverage includes a report published after Thursday’s close. Yahoo Finance’s October 29 report described record third-quarter and nine-month net income, revenue growth of 7.8%, and a 13.4% CET1 ratio. That report also noted weakness in fixed-income and mobility revenues. A separate report published on November 2 carried the company’s third-quarter earnings-call presentation.
For the next session, the daily pivot sits at $14.44, with first resistance at $14.69 and first support at $14.17. These are forward reference levels derived from the completed daily candle.
The bullish scenario requires holding the daily 20-session EMA at $14.21. It also needs to clear the next-session daily pivot at $14.44. Above that, the hourly 200-hour EMA at $14.61 is the next barrier. It precedes daily first resistance at $14.69 and the daily upper Bollinger band at $14.74. Acceptance above those barriers would strengthen the bullish case, though the daily 50-session EMA at $15.15 remains overhead.
Conversely, a break below $14.21 would undermine the short-term support argument. A subsequent break below next-session daily first support at $14.17 would invalidate that bullish setup. The daily Bollinger midpoint at $14 and lower band at $13.26 would then define lower reference levels.
Overall, SCGLY stands between daily support at $14.21 and the next-session pivot at $14.44. Daily ATR14 of $0.42 supplies the volatility context. The unresolved issue is whether hourly strength can overcome overhead resistance while daily momentum readings remain mixed.
FAQ
What are SCGLY’s key support and resistance levels?
SCGLY’s immediate support is the daily 20-session EMA at $14.21, followed by next-session first support at $14.17. The next-session pivot at $14.44 and the daily upper Bollinger band at $14.74 mark nearby resistance. The 50-session EMA at $15.15 and 200-session EMA at $15.76 remain further overhead.
What do SCGLY’s daily momentum indicators show?
Daily RSI14 is 49.79, just below the neutral 50 threshold. The MACD line is -0.37, above its signal at -0.55, producing a positive histogram of 0.17. These readings conflict: RSI provides no bullish confirmation, while MACD leans constructive.
How does the hourly chart compare to the daily setup?
The hourly chart shows the ADR above its 20-hour EMA at $14.27 and 50-hour EMA at $14.05, with RSI14 at 62.52. However, the 200-hour EMA at $14.61 and the daily 50-session and 200-session EMAs remain overhead, limiting the bullish case.
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