DBV Technologies Stock Falls by 2.77%, Breaking Its Support at €2.75
In mid-morning trading, the French biotech company is moving downward, contrary to a slightly declining SBF 120. The stock is now at the bottom of the index as declared short positions have increased over the past month.
The Stock Breaks Its €2.75 Support and Ranks Low in the SBF 120
DBV Technologies stock is down 2.77% at €2.7420 during the session, after breaking its €2.75 support earlier in the morning. It is among the largest declines in the SBF 120, while the broader index is down by 0.39%. This slide is part of an unfavorable medium-term dynamic: the stock has lost 17.66% over one month and 20.98% over three months, despite a gain of 82.56% over the past year. The price is now below its three moving averages, with a 6.73% gap below the MM20 (€2.94) and 14.58% below the MM50 (€3.21), while the RSI at 41 indicates selling pressure without a clear oversold signal. The next significant technical area on the upside remains the resistance identified at €3.36, a level around which the stock already stalled in early May after the quarterly release.
Short Positions Intensify Despite Entry into Euronext Tech Leaders
According to reviewed declarations, three funds now cumulatively hold 3.45% of DBV's capital sold short, up from 1.99% a month ago (+1.46 points in thirty days). This rapid increase reflects a rising bearish pressure from institutional investors, though not reaching extreme alert thresholds: the figure signals a renewed caution around the stock, to be interpreted with measure and not as an isolated verdict on its value. This comes as the company announced on June 23 its inclusion in the Euronext Tech Leaders index, effective since June 22, a recognition that has not been sufficient to halt the stock's decline. Clinically, the schedule continues to be driven by the Viaskin Peanut program, following the positive data from the phase 3 VITESSE study revealed in early June and the launch of the phase 2 THRIVE in infants. The holding of the €2.75 threshold, breached during the session, will be the immediate technical reference to watch for the continuation of the movement.
