Atos Shares Gain 3.5% After Technical Rebound

A Technical Rebound that Erases Part of the Weekly Decline

Atos gains 3.49% to €35.00 during the session, in an SBF 120 that is up by 1.74%. The rebound occurs in a general context of easing tensions in the Middle East, with a significantly relaxed VIX at 19.11. The stock thus mitigates its weekly decline, which nevertheless remains around 10.6% over seven days. The movement should still be viewed in light of the underlying negative dynamics.

The RSI at 36 reflects the recent selling pressure and accompanies this breathing space. The price continues to trade below its three moving averages, with a gap of nearly 5% below the MM50 (€36.83) and nearly 22% below the MM200 (€44.76), making today's rebound more technical than structural. The support at €33.00, approached during the last sessions, has not given way and has supported this rebound. The major resistance remains at €45.22, significantly above current levels.

Software République Unveils Clever Insights and Fuels the Group's News Flow

In terms of news, the Software République consortium, which includes Atos, Dassault Systèmes, JCDecaux, Renault Group, STMicroelectronics, and Thales, presents this Friday Clever Insights, a territorial intelligence platform aimed at local authorities. This announcement adds to the deployment of Microsoft 365 Copilot to the group's 56,000 employees across 54 countries. The flow of partnerships remains strong, without altering the medium-term outlook of the stock, which has seen a decline of 7.5% over a year.

According to the consensus of surveyed analysts, the stock is trading at about 9 times the earnings of the current fiscal year and 4.9 times those of the following year. The next step for the stockholders revolves around the MM50 at €36.83, whose reconquest would condition the continuation of the rebound.