Dassault Aviation Shares Climb 2.5%, Leading Defense Sector Rebound

A Marked Rebound Bringing the Stock Back to Its Moving Averages

Dassault Aviation shares gain 2.72% to €295.00, after a previous close at €287.20. The stock is among the strongest risers on the SBF 120, which meanwhile is down by 0.26%. The rebound allows the price to come back in contact with its MM20 (€295.12) and to just surpass its MM50 (€293.98, a gap of +0.35%), after spending several sessions below these benchmarks. The MM200 at €300.14 remains out of immediate reach, at 1.71% above the current price, leaving the underlying trend still fragile.

The RSI at 42 confirms this reading of a technical rebound without excess: the stock is emerging from a low zone without yet shifting into a clear bullish configuration. The session follows a 2.5% decline in the previous session, which had brought the stock closer to its support at €283.60. The next technical threshold to watch is the resistance identified at €304.80.

A Rebound Shared with the French Defense Sector

Today's movement is part of a broader rebound in French aerospace and defense stocks, with Thales up 2.22% and Safran up 1.57%. Over three months, the stock still shows a decline of 7.58%, while the performance over one year is nearly stable (-1.73%). The geopolitical context remains tense, with new Ukrainian strikes reported overnight against the Moscow region, including on a satellite communications center in Dubna, sustaining a risk premium on the defense segment.

On the fundamentals side, the order book remains buoyed by the Indian file: New Delhi sent a formal request letter in early June for 114 Rafales, estimated at €33 billion, with a final agreement targeted for 2027. Operationally, the Falcon 10X completed its first flight on June 19 from Bordeaux-Mérignac, initiating the flight test phase of the program. In the short term, maintaining contact with the MM20 at €295.12 will be the most visible technical marker to assess the strength of the rebound.