Rexel Stock: 2.24% Increase Mid-Day, Approaching Its Historical High
Rexel's stock is up by 2.24% this Monday mid-session, reaching 28.80 euros. This increase occurs in an almost stable Parisian market, with the CAC 40 down by 0.04%. The electrical equipment distributor is now just cents away from its all-time high reached last October 8 at 28.89 euros.
Strong Start to the Week
After closing last Friday's session at 28.17 euros, the stock of the group specializing in the distribution of professional electrical equipment has gained ground since the opening of this new week. By mid-day, the stock is trading at 28.80 euros, driven by modest trading volumes with a capital turnover of 0.05%. This daily performance is part of a favorable dynamic over several time horizons. Over a week, the stock has progressed by 2.64%, while over three months, the gain reaches 8.23%. On an annual scale, Rexel records an increase of 11.07%, outperforming the CAC 40, which has risen by 7.33% over the same period. The group's market capitalization is now established at 8.3 billion euros.
This rise in the stock price comes just days after the publication of the third-quarter 2025 results, unveiled on October 15. The distributor recorded sales of 4,758 million euros during this period, a figure that is generally stable with a slight decline of 0.1% in published data. However, sales growth in comparable data and constant number of days was positive at 3.0%. The weakness observed in the European market was offset by good performance in North America, where the group benefits from demand related to artificial intelligence and digital technology. Following this publication, Rexel slightly raised its activity forecasts for the entire year. On October 16, Barclays adjusted its recommendation on the file to a neutral opinion.
Technical Perspective
From a technical standpoint, Rexel's stock is in a favorable configuration. The price remains above its reference moving averages, with the 50-day average at 27.73 euros and the 200-day average at 25.85 euros. The gap between these two moving averages continues to widen, with the difference gradually reaching 1.87 euros according to the latest observations. The stock is also in the upper part of its Bollinger bands, ranging from 27.04 euros for the lower bound to 28.95 euros for the upper. The immediate resistance threshold is positioned at 28.81 euros, a level that the stock is approaching again this Monday, while the support is identified at 26.92 euros. The momentum indicators display mixed signals. The relative strength index is at 58, a neutral zone that indicates neither overbought nor oversold conditions. The MACD presents a slightly positive configuration with a main line at 0.20 above its signal line at 0.16, generating a positive histogram of 0.04. The stochastic oscillator delivers a neutral signal. The one-month volatility stands at 5.39, while the beta coefficient of -0.15 suggests a low correlation with the overall market trend. These technical elements translate into a fundamental upward trend, with the stock maintaining close to its recent highs without showing clear signs of overheating.
