EssilorLuxottica Shares Plunge 28% in Three Months, Breaking Key Support

Sharp Decline on Friday

The decline recorded this Friday by EssilorLuxottica brought the price close to the lower Bollinger band, located at 228.67 euros, indicating unusual selling pressure. The stock also broke through its technical support level identified at 233 euros, a negative signal that could lead to further tensions on the stock if a rebound does not materialize quickly. The RSI, an indicator measuring the speed and magnitude of price changes, stands at 34, close to the so-called oversold zone (below 30). This reading reflects the intensity of the ongoing correction, although it does not mechanically mean that a bottom has been reached. Over the year, the depreciation now reaches 20.25%, positioning the optics and eyewear group among the most penalized values of the CAC 40 over the period.

Key Upcoming Financial Events

The publication of the first quarter 2026 revenue is expected on April 22, followed by the annual general meeting set for April 28. These events will be important milestones to assess the commercial trajectory of the Franco-Italian giant, as the stock has fallen 3.35% in just the last seven days. The monthly volatility stands at 8.67%, a high level that illustrates the amplitude of recent fluctuations. The negative beta of -0.16 indicates that the stock has recently moved in a manner uncorrelated with the market as a whole. The widening gap between the current price and the 200-day moving average, located at 268.75 euros, highlights the extent of the value's recent drop. The half-year results, scheduled for July 28, will then provide a more complete visibility on the group's profitability in the first half of the year.