SES Shares Fall by 3.79% and Hit a Key Technical Support at 6.33 Euros
Satellite operator SES experiences a sharp decline this Wednesday, March 4, following the release of its annual 2025 results two days prior. The stock dropped 3.79% to 6.35 euros amid a weakened European market environment due to geopolitical tensions in the Middle East. This downturn brings the share price close to a technical threshold closely monitored by traders.
Current Trading Conditions
SES shares are trading at 6.35 euros this Wednesday morning, down by 3.79% compared to the previous day's close of 6.60 euros. This decline comes after the Luxembourg-based group published its annual 2025 results on March 2. Over the past week, the stock has lost 2.46%, erasing some of the positive momentum accumulated over the last three months (+16.51%) and over the past year (+47.33%). The next key dates in the financial calendar are the general assembly scheduled for April 2, 2026, followed by the release of the first quarter results on May 12. These events will be crucial in assessing the operational trajectory of the group in the coming months.
Technical Analysis
From a technical standpoint, today's decline brings the SES share price to the immediate vicinity of its support level at 6.33 euros, a level that coincides with the lower boundary of the Bollinger Bands. A clear break below this zone could lead to a more pronounced correction. Conversely, the 50-day moving average, positioned at 6.30 euros, lies just below and could act as a safety net. The RSI, at 44, indicates a neutral to slightly bearish momentum, without the stock entering an oversold zone. However, the share remains above its 200-day moving average (5.99 euros), indicating that the underlying upward trend is still intact despite the short-term pullback. The nearest resistance is located at 6.92 euros, approximately 9% above the current price.
