Roche Bobois share falls to 5-year low following results
Following the publication of its half-year results on Thursday, Roche Bobois share crosses a symbolic threshold on Friday, marking a new multi-year low. The security is trading below all its moving averages, in a context where the high-end furniture market remains under pressure.
A five-year low recorded in the wake of half-year results
The Roche Bobois share declined 1.49% to €19.90 during the session, thus touching its lowest level in five years. The previous floor, at €20.00, dated from 2021 and has just been broken through this morning. This decline comes in the wake of the publication of first half 2026 results, unveiled on September 10: revenue of €187.8 million, down 8.9% at constant exchange rates, and EBITDA margin maintained at 16.7% despite volume contraction.
Over one year, the share has accumulated a decline of 38.2%, and 20.4% over three months, reflecting a profound downward trend. In a high-end furniture market that the group itself describes as unfavorable, the adverse currency effects identified when Q1 2026 results were published (July 21, 2026) continue to weigh on commercial momentum.
All moving averages breached downwards, RSI in extreme oversold territory
The technical configuration reflects the severity of the correction. The price of €19.90 is below the 20-day MA at €21.11 (gap of -5.73%), below the 50-day MA at €21.53 and well below the 200-day MA at €26.09, representing a gap of nearly 24% from the latter. Even more telling, the RSI at 27 signals an extreme oversold configuration: at this level, selling pressure has been very intense over recent sessions, and the share remains among the largest declines on the CAC All Shares on Friday.
The first resistance level to monitor is found at €22.70, well above the current price, while the former support at €20.20 has been broken. The next tangible reference therefore remains the level of the low recorded today at €19.90.