Trigano Shares Hit Annual Low at €147.40 with Oversold RSI
On Thursday, March 12, the stock of recreational vehicle manufacturer TRIGANO reached a new twelve-month low during the session at 147.40 euros, before closing at 148.90 euros, a decline of 3.75% compared to Wednesday's close. Two technical signals converge simultaneously: the price touches its annual low while the RSI reaches exactly the threshold of 30, the conventional boundary of the oversold zone.
In a tense market context — the CAC 40 closed on March 12 down by 0.71% at 7,984.44 points — the configuration of the stock is distinguished by the conjunction of these two indicators.
Recent Performance and Technical Indicators
Trigano's stock has lost 12.41% over three months and 5.94% over the past seven days, extending a downward trend that began in early March. This Thursday, the stock broke below its previous annual low point to temporarily establish itself at 147.40 euros, a level that now coincides with the new one-year floor. The daily RSI stands at 30, exactly on the lower boundary of technical neutrality. The combined reading of these two elements is consistent: the selling pressure has been sustained enough to erode prices to an extreme level on the annual horizon, while the momentum dynamics confirm the extent of this movement. It should be noted that the RSI had already visited these levels in previous sessions — it dropped to 22 on March 10 and to 26 on March 4 — without the price stabilizing sustainably, which underscores the persistence of bearish pressure since mid-February.
Technical Analysis and Future Prospects
Technically, the stock is now clearly below its two reference moving averages. The 50-day moving average is at 168.93 euros and the 200-day moving average at 155.22 euros, representing respective gaps of about 13.5% and 4.3% from the closing price. The MACD shows a value of -3.63 with a signal at -2.49, confirming that the short-term trend remains downward. The price is also below the lower boundary of the Bollinger Bands, set at 152.67 euros, illustrating the intensity of the recent correction. Additionally, investors will be watching the release of the second quarter 2026 revenue figures, expected on March 25, which will be the next fundamental point of information on the group's activity.