Kering Stock Rises 4.77%, Boosted by Surge in Luxury Sector
The stock of the French luxury group closed on Wednesday, October 15 at €313.15, up 4.77% from the previous day's close of €298.90.
Sector-Wide Uplift Following LVMH's Quarterly Results
This increase is part of a general movement that lifted all luxury stocks after LVMH published its quarterly results on Tuesday evening. The French giant reported a 1% organic growth for the third quarter of 2025, defying market expectations of a decline. The ripple effect on the sector was immediate: LVMH soared 12.22% on Wednesday, propelling the entire segment upwards. Hermès rose by 7.3%, while Kering benefited from this favorable climate, recording a gain of nearly 5%. Trading volumes for Kering were recorded at 248,413 shares, representing 0.48% of the capital, a moderate level but in line with the usual activity of the stock. Beyond this sectoral effect, Kering's own momentum remains remarkable over a longer period. Over three months, the stock has shown a spectacular increase of 58.98%, fueled in part by the arrival of new CEO Luca De Meo in September and an upgraded recommendation from Morgan Stanley at the beginning of October, which raised its price target from 250 to 370 euros. Over one year, the stock has performed at 36.15%, significantly outperforming the CAC 40's 6.25% over the same period. This week, the stock is up 1.28%, confirming a solid upward trend despite operational results that remain behind, particularly at Gucci, the group's flagship brand.
Technical Perspective: Approaching Resistance Threshold
Technically, the stock is now very close to its resistance threshold at €314.80, thus crossing a symbolic level that could pave the way for further gains if the movement continues. The stock is trading well above its 50 and 200-day moving averages, positioned at €251.11 and €218.71 respectively, indicating a firmly established bullish underlying trend. This setup suggests that buyers have regained control after several challenging quarters for the group. The Relative Strength Index (RSI) stands at 65, a level that indicates a certain dynamism in buying without signaling an overheating in the short term. The RSI is in a positive zone but remains below the 70 threshold, generally associated with overbought conditions. Additionally, the Bollinger Bands, currently framing the prices between €253.85 and €319.82, show that the stock is approaching the upper boundary, which could suggest an extension of the recent movement. The MACD, with a line at 15.62 and a signal at 15.29, displays a slightly positive histogram at 0.33, confirming the persistence of a buying dynamic, albeit moderate. The stock's beta, very low at -0.07, illustrates an almost negligible sensitivity to variations in the CAC 40, which itself advanced 1.99% this Wednesday.
Contained Volatility Amid Recent Movements
The one-month volatility, measured at 9.68, remains contained despite the amplitude of recent movements, which may reflect a certain stabilization around new price levels after the strong recovery during the summer and autumn. The Average True Range (ATR), which stands at €6.00, provides an indication of the average amplitude of daily variations and positions the day's progress within a range consistent with the recent historical performance of the stock. The On Balance Volume (OBV), negative at -2,650,189, suggests that cumulative volume flows remain behind relative to historical highs, which could indicate a certain caution among investors despite the rising prices. The Chaikin Money Flow (CMF) is at 0.00, signaling a neutrality of monetary flows over the recent period, with no dominant selling or buying pressure.