Mersen stock rebounds 2%, among the top performers of the SBF 120
Swimming against the tide of an almost stable Paris market, Mersen posts one of the best performances of the SBF 120 on Wednesday. This rebound occurs as the stock remains under pressure over three months and the technical configuration draws a zone of uncertainty between its moving averages.
A sharp rebound in a nearly stalled SBF 120, despite a tense geopolitical context
Mersen gains 2.08% to €37.36 during the session, bucking a SBF 120 that loses 0.16% and a CAC 40 practically balanced. The stock ranks among the strongest increases of the SBF 120 on Wednesday, in a Paris market weighed down by a military escalation between Iran and the United States. Tehran launched strikes on American bases in Jordan, Iraq, and Bahrain, which caused the VIX to surge nearly 9% during the session to 16.31, signaling increased nervousness in markets.
Mersen's gains contrast with losses recorded by values most sensitive to the geopolitical context. Over the week, the stock remains slightly negative (-1.79%), which puts the scale of today's rebound into perspective, especially as performance over three months remains down more than 10%.
Mersen remains below its two first moving averages, with an RSI that does not yet confirm a reversal
Despite this rebound, Mersen still trades below its 20-day MA at €39.28 (gap of -4.89%) and its 50-day MA at €38.51 (gap of -2.99%). These two moving averages form short-term resistance that the price has not yet broken through, which tempers the significance of today's rebound. The previous day, the stock fell 2.5% and dropped back below these same moving averages, intensifying the pressure.
The RSI at 40 reflects a neutral to slightly bearish configuration, without signals of exhaustion or an affirmed technical rebound. Only the 200-day MA at €30.91 remains well below the current price, offering a cushion of more than 20% in the medium term. The analyst consensus on Mersen and upcoming financial events remain to be watched to confirm whether this rebound marks a sustained upturn or simply a pause in the short-term downtrend, with the €41.88 resistance level representing the next amplitude test.
