Trigano Stock Drops 2.8%, Breaks Support at €140 and Targets April Lows
The French recreational vehicle manufacturer continues its decline mid-session, following a slight drop in the Paris stock market. The stock has broken a technical threshold monitored for several weeks, as easing oil prices no longer support its value. The quarterly deadline is approaching.
The Stock Breaks the €140 Threshold and Slips Below All Its Moving Averages
Trigano shares fell by 2.86% to €136.00, breaking its support at €140.00 which had been defended several times in recent weeks. The stock has lost 6.08% over a week and 14.09% over a month, erasing most of the rebound built after the semi-annual publication in early May. The RSI has dropped to 32, at the edge of the oversold zone, reflecting the buying exhaustion observed since the slump on June 9, linked to a revised price target mentioned in a previous significant drop on the SBF 120. The price is now significantly below its three main moving averages, with a gap of nearly 11% from the MM20 (€152.72) and 13.2% from the MM200 (€156.75). The technical configuration remains degraded.
Quarterly Revenue Publication Expected in a Week
The next concrete milestone for the stock is the publication of the third quarter 2025/2026 revenue, expected on June 24. This checkpoint comes as the stock has lost 8.91% over three months and is hovering around break-even over a year. Based on the consensus of analysts surveyed, the stock is trading at about 8.8 times the earnings of the current fiscal year and 8.2 times those of the next fiscal year, with an expected growth in earnings per share of 7.5% from one year to the next. The sector context remains mixed: while the relaxation on Brent, which is trading around $80 a barrel after the signing of the US-Iran agreement in Évian, theoretically reduces the fuel bill for motorhome users, the effect has not been sufficient to reverse the stock's downward trend. The breach of €140 downwards paves the way towards April's lows, a level now close to the current price.