Capgemini Stock Falls Below 101 Euros, Down 32% Over Three Months

Current Trading Session

Capgemini shares are trading at 100.25 euros during the session, down 2.86% from the previous close of 103.20 euros. This decline is part of a persistent weakness: over the past year, the stock has lost more than 20%, with a drop reaching 32% over the last three months. The CAC 40 index is down 0.72% at 8,204.70 points, and the SBF 120 is down 0.68%. In the European technology sector, ASML Holding is down 1.42% and Prosus 0.84%, indicating broader selling pressure on digital and tech stocks this Thursday morning. Capgemini's financial calendar sets the next major milestone on April 30, the date for the publication of quarterly revenue, followed by the general meeting scheduled for May 20. The semi-annual results are expected on July 30.

Technical Analysis

Technically, Capgemini's share price is significantly below its 50-day moving average at 108.13 euros, as well as its 200-day moving average at 126.33 euros. This significant gap — the stock is trading more than 20% below its MM200 — reflects a fundamental bearish dynamic that has not yet reversed. The RSI, at 48, remains in the neutral zone, which means that the stock is neither in an oversold nor overbought situation, despite the magnitude of the recent decline. Regarding the Bollinger Bands, the price is positioned at 41% of the band, which is in the lower half between the support at 93.78 euros and the upper limit at 109.63 euros. The identified technical support threshold at 96.20 euros represents the next key level to watch if the downward movement continues, while resistance is located at 109.75 euros.