Trigano Breaks Through €161 Resistance, Up +24% Over a Year
The French recreational vehicle manufacturer continues its rebound this Wednesday. The stock breaks through a closely watched technical threshold and advances in the wake of a well-oriented Parisian market. The movement extends the momentum initiated after the semi-annual publication on May 7.
Trigano Breaks €161 Resistance and Extends Its Post-Publication Rally
Trigano's stock is up 2.22% at €160.90 at midday, with the SBF 120 index up by 0.87%. The stock has crossed its €161 resistance during the session, a level that had been blocking progress for several sessions. This breakthrough consolidates an underlying momentum: the stock is up +4.14% for the week and +23.86% over the year.
The movement follows the continuity of the semi-annual publication. On May 7, the group reported a net profit of €121.3 million for the first half, up 14.8% year-on-year, along with a revenue of €1,779.7 million (+6.2%). Since this publication, the stock has experienced several sessions of gains, as illustrated by the nearly 6% weekly gain observed in mid-May.
Stock Now Above Its Three Moving Averages, RSI Still Neutral
The technical configuration is strengthening. The price is now above the MM20 (€155.16, +3.70%), MM50 (€151.90, +5.92%), and MM200 (€156.89, +2.56%). This alignment indicates a bullish orientation across three time horizons. The RSI at 55 remains in the neutral zone, with no overheating signal despite the recent rally.
The one-month volatility is measured at 9, which remains contained for a cyclical stock linked to discretionary consumption. The breakthrough of €161 opens a zone without immediate identifiable resistance in the available data, after successfully testing a long-blocking threshold. The next support to watch in case of a pullback remains at €145.70.
