Imerys Stock Bounces Back Over 3% and Crosses Above Its MM20 and MM50

A Significant Rebound That Erases Part of the Monthly Decline and Crosses Short Moving Averages

Imerys stock rises 3.62% to €22.30 during the session, while the SBF 120 is up 1.79% and the CAC 40 increases by 1.84%. The stock is among the notable risers in the broader index, in a Parisian market revitalized by easing oil prices, with Brent crude down more than 5% at $88.29 following US statements about a possible deal with Iran. Today's rebound pushes the price above its MM20 (€21.96, gap +1.55%) and MM50 (€21.93, gap +1.69%), thresholds simultaneously crossed after several sessions below these averages. However, the MM200 at €22.89 remains above the current price (gap -2.58%), indicating that the medium-term trend is still downward. The RSI at 45 remains neutral, allowing room for movement in either direction. This progress compensates for the monthly decline (-1.33%) and the annual performance remains heavily negative at -24.92%.

A Still Depressed Construction Sector Background in the Imerys Case

The mining group, exposed to the construction cycle, operates in a still depressed European environment. The construction climate remains very negative in France (-17.2) and Germany (-13.2), while the sector's production drops 2.8% over a year in France and 1.4% in the eurozone. French order books at -32 and a 2.0% decline in housing construction permits over the past twelve months illustrate the lack of short-term activity drivers on the residential side. The monetary backdrop does not make things easier: the ECB has raised its key interest rates by 25 basis points, bringing the deposit facility to 2.25%, against a backdrop of 10.9% year-on-year energy inflation. The session's rebound brings the Imerys stock into contact with its immediate resistance at €22.94, a level whose crossing would pave the way for a test of the MM200 at €22.89.