Vinci is a world leader in concessions, energy and construction. Its share price is currently at ?87.15 with both indicators positive.

Vinci is a world leader in concessions, energy and construction. From a technical aspect, its stock is currently trading at €87.15 with a major resistance level sitting at €87.96, which is above the 38.2% Fibonacci retracement. A break above the major resistance level could see the Vinci stock hike towards the 50% Fibonacci retracement (€88.93). Towards the downside, the first support level sits at €86.02 followed by a major support level at €84.68, floating just above the 23.6% Fib retracement. A break below the major support level could see the stock fall towards the established support levels ranging between €80.83 - €82.21. Looking at the indicators, MACD is positive and RSI reads 53, both suggesting a bullish approach.