LVMH Stock Surpasses Key Technical Threshold Ahead of Imminent Results
LVMH stock has risen nearly 2% this Tuesday morning, driven by a bullish movement shared across the luxury sector listed in Paris. The stock is trading at 480.30 euros after closing before the Easter weekend at 471.05 euros, amid a recovery in the CAC 40, which has advanced 1.33% during the session.
Recent Rebound after a Challenging Quarter
Today's rebound comes after a difficult quarter for LVMH, during which the stock lost over 25% over three months. Nevertheless, the stock has shown a gain of 3.59% over the last seven days, indicating an attempt at short-term stabilization. Technically, the stock is now above its 20-day moving average (474.25 euros), which it has recently surpassed, but remains well below its 50-day (514.58 euros) and 200-day (542.39 euros) averages, indicating a still weak underlying trend. The RSI, at 39, reflects a zone close to overselling without being completely so, leaving the stock in an intermediate position. Regarding Bollinger Bands, the stock price moves between the lower bound at 441.53 euros and the upper bound at 506.98 euros, without showing signs of extreme tension in either direction. The identified support at 455.75 euros has played its role in recent weeks, while the major resistance is at 561.80 euros, still far from the current level. Hermès International is up 2.10% and L'Oréal 1.42% in the session, confirming a favorable sector movement for major French luxury and premium consumption stocks.
Busy Financial Calendar Ahead for LVMH
LVMH's financial calendar is packed in the coming days. The group will publish its first quarter 2026 revenue on April 13, less than a week away. This release will be closely watched, as the organic growth trajectory of the luxury giant is at the center of concerns after a 25% correction observed since January. Furthermore, the annual general meeting of shareholders is scheduled for April 23, followed by the detachment of the balance of the dividend for the 2025 fiscal year on April 30. These upcoming events could generate significant trading flows on the stock in the coming weeks. Additionally, the geopolitical context remains tense, with Brent crude prices exceeding $111 due to frictions between Washington and Tehran, a factor that could weigh on global consumption and thus on the medium-term outlook for the luxury sector.
