3 SBF 120 Stocks That May Be Close to a Technical Rebound
On Monday, March 23, 2026, the CAC 40 rebounded by 1.71% to 7,796 points mid-session, amidst a relaxation in volatility (VIX down by 4.11%). The SBF 120 followed suit, up 1.77%. In this renewed risk appetite, three stocks with RSI close to the oversold zone and trading near their technical supports are drawing attention.
Key Technical Indicators Highlight Potential Opportunities
Derichebourg, Crédit Agricole, and L'Oréal currently share a notable common feature: an RSI (Relative Strength Index) that has dropped to 21 or 22, well below the conventional oversold threshold of 30. This momentum indicator, which measures the speed and magnitude of recent price movements, signals that selling pressure has been particularly intense on these stocks in recent weeks. Concurrently, all three stocks are trading very close to their respective technical supports. Derichebourg is trading at 8.02 euros in session, less than 0.1% from its support identified at 7.94 euros, while its 20-day moving average is significantly higher, at 8.65 euros. Crédit Agricole is trading at 16.32 euros, about 1.2% from its support of 15.98 euros, and well below its MM20 at 17.33 euros. L'Oréal, at 351.45 euros, is less than 1% from its support of 345.30 euros, far from its MM20 (370.17 euros) and MM200 (375.85 euros). All three stocks are also in the lower part of their respective Bollinger Bands, which could be an area of interest for investors looking for technical rebound signals.
Diverse Company Profiles with Upcoming Financial Disclosures
Despite these technical convergences, the profiles of the three companies differ significantly. Derichebourg, a specialist in environmental services and recycling (market capitalization of about 1.3 billion euros), will publish its half-year results for 2025/2026 on May 28. Only one recent analyst recommendation is noted, that of TP Icap Midcap rating it as a buy with a target of 10.50 euros (February 2026). Crédit Agricole, a banking heavyweight valued at nearly 49.4 billion euros, reported an annual EPS for 2025 of 2.18 euros in early February. Its first quarter 2026 results are expected on April 30. Analyst opinions are mixed: KBW targets 19.50 euros as 'market perform', Deutsche Bank recommends holding with a target of 20 euros, while Goldman Sachs has a sell rating with a target of 18.10 euros. Finally, L'Oréal, a global cosmetics giant (market capitalization of 187.6 billion euros), achieved an EPS of 12.71 euros for 2025. Its first quarter revenue will be revealed on April 22. Morgan Stanley, Berenberg, and LBBW adopt cautious recommendations (market weight or hold), with targets ranging between 370 and 380 euros. These upcoming disclosures could act as catalysts to watch in the coming weeks. This article is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.
