Safran Shares Decline Midday, Under Technical Pressure at 295.20 Euros

Safran shares are down to 295.20 euros this Monday, December 29, at midday, dropping 1.37% compared to last Friday's close. The aerospace engine and equipment manufacturer's stock has seen a decline of 3.62% over the past seven days and remains nearly stable over three months, with a slight correction of 0.27%. However, the trading volume remains limited, with only 0.01% of the capital traded, indicating low investor participation during this end-of-year period. Technically, the price is now below its 50-day moving average set at 299.41 euros, indicating a weakening of the short-term momentum. The RSI at 59 points still allows room for an upward move before reaching the overbought zone, while the MACD remains positive with a histogram at 1.26, suggesting that the underlying trend is still bullish despite this temporary setback.

This temporary weakness does not undermine Safran's remarkable annual performance, which shows a gain of nearly 40% over the year. The stock is still significantly above its 200-day moving average, set at 274.82 euros, with a nearly 20 euro margin confirming a positive medium-term trend. The equipment manufacturer benefits from strong analytical support, with a target price raised to 375 euros by JPMorgan in mid-December, representing a potential increase of 27% from the current price. Furthermore, Safran's stock fluctuates between a support at 282.50 euros and a resistance at 306.90 euros. Analysts highlight the strength of the company's order books, particularly for its LEAP engines, and the favorable outlook for the aerospace sector. The absence of major news catalysts today leaves investors waiting for the next financial event, scheduled for February 13, 2026, with the publication of the 2025 annual results.