EssilorLuxottica Shares Hit a One-Year Low at 197.85 Euros Mid-Day

Technical Milestone Crossed Today

ESSILORLUXOTTICA today crossed a significant technical threshold. The price is now moving below the 203 euros level, which had served as support for several sessions and was tested upwards at 203.10 euros on March 18. The break of this floor extends a sequence of degradation that began in early March, with a decline of 6.14% over the past week, 15.09% over the month, and 28% over the last three months. Regarding technical indicators, the stock is significantly below its 50-day moving average at 243.26 euros, and its 200-day moving average at 265.71 euros, highlighting the extent of disconnection from medium and long-term trends. The RSI, at 22, is in a clear oversold zone, indicating particularly sustained selling pressure without necessarily predicting an immediate turnaround. The lower Bollinger band is at 191.47 euros. Over the past twelve months, the stock has declined by 25.4%.

Not Without Its Own News

The Franco-Italian group is not without its own news. On March 16, it announced the extension of its licensing agreement with Dolce&Gabbana until 2050, a strategic partnership in the premium eyewear segment. However, this announcement has not been sufficient to halt the downward trend of the stock, which was already under pressure at that time. Market-wide, volatility remains high, with a VIX index at 25.09, up more than 12% from the previous session, reflecting overall tension in the financial markets. In this context, the next major events for the group will be the publication of the first quarter 2026 revenue on April 22, followed by the general meeting on April 28. These dates could be focal points for operators in the coming weeks.