Mersen Shares Drop 3%, Lagging Behind in SBF 120 Despite Rising CAC

A Decline That Positions Mersen at the End of the SBF 120 Despite a Green CAC 40

Mersen's stock drops 3.13% to €37.74, marking the lowest point in the SBF 120 while the broad Parisian index gains 0.19% and the CAC 40 rises by 0.17%. The stock thus isolates itself from a vibrant market where Nanobiotix (+6.86%) and ArcelorMittal (+6.46%) lead the rise. This decline follows a rebound of nearly 5% recorded the previous day, which had briefly placed the stock at the top of the index.

Over the week, the stock has fallen by 11.2% and erased part of its quarterly climb, which remains nonetheless spectacular at +52.67%. Over a year, the progress still reaches 72.33%, a trajectory that logically fuels profit-taking during consolidation sessions.

The Stock Dips Below Its MM20 and MM50, But Maintains a Wide Cushion Over the MM200

The price now breaks below the MM20 (€41.31), with a gap of 8.64% below this benchmark, and falls below the MM50 (€39.69), deviating by 4.91%. These two breaches confirm the break in the short-term momentum initiated at the end of June, when the stock peaked above €44. The stock is now testing its support at €37.54, just a few cents away, a level that becomes the short-term technical pivot.

The MM200 at €28.25 remains far removed (+33.59% above), indicating that the underlying trend is not questioned. The RSI at 47 remains in the neutral zone, showing no extremes. The resistance identified at €44.84 highlights the extent of the journey to reconnect with recent highs.