LVMH Stock: Key Support Level Broken, Drops Nearly 2%
LVMH shares fell sharply this Wednesday, February 11, trading at 527.90 euros midday, marking a decline of 1.82% from the previous day. The luxury giant's stock is now trading below a closely watched technical threshold, amidst a prolonged downturn over several months. Alphavalue has also lowered its price target for the stock.
Intraday Trading Dynamics
During the session, LVMH shares were recorded at 527.90 euros, breaking below the support level identified at 529 euros. This break occurred while the stock was trading significantly below its 50-day moving average, set at 609.43 euros, indicating a well-established downward trend in the medium term. The gap of over 80 euros between the current price and this technical reference highlights the magnitude of the accumulated decline. The Relative Strength Index (RSI), which measures the momentum of a movement, stands at 36, approaching the so-called oversold zone typically under 30. This level signals that selling pressure is dominant without yet indicating an extreme excess at this stage. Over three months, the stock's performance has reached -14.57%, and the decline over one year amounts to -22.97%, confirming a lasting downward trajectory for this flagship CAC 40 capitalization.
Analyst Update from Alphavalue
On February 10, the analysis firm Alphavalue updated its recommendation on LVMH, lowering its price target from 695 to 626 euros while maintaining an 'accumulate' rating. Despite this significant revision of 69 euros, the new target suggests an appreciation potential of about 18.6% compared to the current price, which explains the broker's continued positive outlook. On the financial calendar, notable upcoming events include the general assembly scheduled for April 23, 2026, and the detachment of the balance of the dividend for the fiscal year 2025, planned for April 30. These events will provide shareholders with updated elements on the strategy and outlook of the group led by Bernard Arnault, in an environment where the European luxury sector is undergoing a correction phase.
