Danone Stock Rebounds and Rises Among CAC 40 Gainers

A Session Rebound That Contrasts With a Monthly Decline of Over 8%

The Danone stock gains 1.66% to €62.40 at close, while the CAC 40 loses 0.86% during the session. This surge places the security among the index's strongest gainers, in a market context weighed down by Brent oil surging above $107 and by anticipations surrounding monetary policy decisions this week, with the Fed meeting on Wednesday and the Bank of England on Thursday. The day's performance erases only a fraction of the decline: the security has lost 8.21% over one month and 16.4% over one year, in a downtrend established for several months. Weekly momentum also remains in negative territory, at -2.07% over seven days, which puts the magnitude of today's rebound into perspective.

An RSI at 27 Signals Persistent Oversold Conditions, the Support at €61.54 Remains the Level to Hold

The Danone security trades below its three moving averages: the 20-day MA is at €64.71, representing a gap of -3.57% from the current price, the 50-day MA at €68.13 (-8.41%) and the 200-day MA at €69.39 (-10.07%). This configuration illustrates the downward pressure that has been exerted for several weeks. The RSI at 27 confirms an oversold configuration, already observed during the rebound on September 8 following the acquisition of Huel, without this signal being sufficient to reverse the underlying trend.

The support at €61.54 remains the immediate reference point: a return below this level would reopen a bearish corridor with no identified technical floor in the vicinity. Upon publication of H1 2026 results on July 29, the group had confirmed its annual comparable growth targets of between +3% and +5%, even though free cash flow had declined by 27.3% to €852 million over the period.