Trigano Shares Plunge 16% in Three Months, Approaching Critical Support
Trigano shares fell 2.09% this Thursday midday, trading at 145.20 euros after closing at 148.30 euros the previous day. This decline follows the announcement of the second quarter 2026 revenue in a context of general weakness of the CAC 40, which decreased by 0.87% during the session.
Continued Downtrend for Trigano
The decline of Trigano continues a marked downtrend: the stock has decreased by 2.35% over seven days and 16.02% over three months. The company's financial calendar indicated the revenue publication for the second quarter of 2026 on March 25, the day before. The reaction observed this Thursday suggests that investors are digesting the data released by the recreational vehicle specialist. The SBF 120, the index to which the stock belongs, also fell by 0.92% during the session, indicating a tense day on the Paris stock exchange. Among sector peers, Stellantis fell by 1.99% while Michelin modestly increased by 0.41%, showing a mixed dynamic within automotive and vehicle-related stocks. The next key date for Trigano will be the publication of the half-year results scheduled for May 1, 2026.
Trigano Nears Key Support Level
At 145.20 euros, Trigano's share price is approaching its identified support threshold at 143.60 euros, below which selling pressure could intensify. The stock is now significantly below its main moving averages: the 50-day moving average at 163.93 euros, and the 200-day moving average at 155.91 euros, reflecting a deterioration in the medium and long-term trend. The RSI stands at 37, close to the oversold territory (under 30), which indicates a negative momentum without yet suggesting an extreme excess at this stage. The gap between the current price and the major resistance at 170.70 euros highlights the magnitude of the recovery needed for a potential bullish reversal. Monthly volatility remains contained at 8.91 despite a globally tense environment, as evidenced by the VIX, which was at 26.95 at its last reading.