Capgemini Shares Plunge 29% Over Three Months, Breaking Technical Supports
Capgemini's stock fell 2.04% this Monday midday to €105.60, after closing at €107.80 on Friday. This recent decline is part of a significant downtrend: the stock has dropped nearly 29% over three months and more than 28% over a year. Meanwhile, the CAC 40 is almost stable during the session (-0.05%), at 7,907.44 points.
Technical Analysis and Market Position
During the session, Capgemini continues to trade below all its key moving averages. The price, at €105.60, is significantly below the 50-day moving average (€121.48) and even more so from the 200-day average (€130.18), indicating a long-term downward trend. The gap between the current price and the 50-day moving average, over 13%, highlights the extent of the recent downturn. Regarding technical thresholds, the support identified at €99.74 is the next level that could slow down the bearish movement if selling pressure were to increase. On the upside, resistance is at €134.30, a level that becomes more distant with each decline. The RSI is at 63, a level that does not indicate overbought or oversold conditions but should be monitored for potential accelerations in either direction.
Upcoming Financial Calendar Events
Capgemini's financial calendar has several important dates in the coming weeks. The release of the first quarter 2026 revenue is scheduled for April 30, followed by the general meeting on May 20. These dates will be closely monitored at a time when the stock has lost nearly 3.78% over the past seven days. The market context remains tense. The VIX, a measure of market volatility in the U.S., was at 27.29 points in its last update on March 12, up more than 12% from the previous day. In the European technology sector, performances vary: ASML Holding is up 1.05% in Monday's session, while Prosus is down 0.60%. Capgemini's performance thus stands out with a sharper decline than the sector trend, in an environment where volatility remains high.
