Sopra Steria Stock Up 2.33%, Aiming for Resistance at €155.70

Stock Up 2.33%, Among the Top Gainers in the SBF 120

Sopra Steria stock has risen by 2.33% to €149.60 by mid-morning, ranking among the top gainers in the SBF 120. This movement is part of a positive session for the Paris stock exchange, with the CAC 40 up 0.76% and the SBF 120 up 0.73%, as Brent oil's decline eases pressure on European risk assets. Over the month, the stock has gained 11.81% and 17.89% over three months, offsetting most of the decline seen at the start of the year. However, the performance over twelve months remains negative at -24.75%, indicating that the recovery that began in late April has not yet compensated for the drop in the second half of 2025. From a technical standpoint, the price is now above its three key moving averages, with a +10.45% gap from the MM50 and +7.67% from the MM200, extending the breakthrough of €141.80 confirmed at the end of May. The RSI at 54 remains neutral, giving the stock room to progress before reaching a tense zone, with the next resistance at €155.70.

Short Positions Increase to 3.38% of Capital, External Growth to Assimilate

According to reviewed statements, four funds hold a combined net short position of 3.38% of the capital, up by 0.31 points in a month (from 3.07% thirty days ago). This moderate but rising level reflects the presence of investors positioned against the stock or seeking to cover exposure, without indicating a significant movement of distrust. This point is worth monitoring as the stock progresses, without considering it an isolated signal. Strategically, the Annecy-based group continues its external growth movement with two exclusive negotiations opened at the end of May, one concerning the Manufacturing Engineering branch of Daher Industrial Services, the other concerning Digital Product Simulation to strengthen its PLM offering. Additionally, on June 10, the group announced the consolidation of its 2,000 Toulouse employees on a single campus in Blagnac by 2028, as part of its integration strategy. Based on expected earnings, the stock is trading at approximately 8.4 times the profits for the current fiscal year according to the consensus of surveyed analysts. Next technical milestone: resistance at €155.70.