Exail Technologies the weakest link in the SBF 120, down 3.3% at €108.50
The underwater robotics and navigation systems specialist is down 3.3% mid-morning, at €108.50. The stock marks the steepest decline in the SBF 120, which is down 0.76%. Over seven sessions, the stock has fallen by 12.22%, but still holds a gain of 106.3% over the year.
Bottom of the SBF 120, the stock tests its support
Exail Technologies ranks 120th out of 120 in the SBF 120 session, behind Air France-KLM (-2.73%) and Valneva (-2.29%). The decline follows the trend of Thursday's session, where the stock had already lost 3.87% to €116.70. The price is now below the lower Bollinger band set at €114.78, indicating a technical oversold condition. The RSI at 37 confirms buyer exhaustion without reaching the characterized oversold zone. The stock is approaching its support at €111.10, already breached during the session, and remains well below its 50-day moving average at €126.80. The 200-day MA at €105.33 defines the next support zone below current levels. The index context weighs in, with the CAC 40 down 0.79% and the SBF 120 down 0.76%.
Order book declines, next appointment on July 16
As a reminder, the group had reported on April 16 a first quarter revenue up 40% at 131 million euros, driven by the Navigation and Maritime Robotics segment (+51%). However, order intake had declined by 77% year-on-year to 112 million euros, after a high comparison base in Q1 2025. On April 9, the group had also announced a second order for the transoceanic drone DriX O-16 from OMS Group. The beta of 0.33 indicates a low historical correlation to market movements. The recent trajectory nevertheless confirms the consolidation phase that began at the end of April, after an annual run of over 100%. The next key date on the calendar is the publication of the second quarter 2026 revenue, scheduled for July 16, preceded by the general meeting on June 16.
