Unibail-Rodamco-Westfield Shares at €105: Approaching the €106.55 Resistance

A Stock Nearing its Resistance in an Euphoric Market

At €105, the stock price is very close to the identified resistance at €106.55, which was recently tested. The upper boundary of the Bollinger Bands is at €106.95, placing the stock at the high end of its volatility range. The RSI at 51 remains neutral, sending no signals of excess. The session is part of a broader movement in European markets. The CAC 40 is up 3.17% at 8,317.77 points, the SBF 120 has advanced 3.07%, and the DAX has gained 2.58%. This surge occurs as Brent crude significantly retreats to around $100.44, amid diplomatic rapprochement between Washington and Tehran. The real estate investment trust, not directly sensitive to oil prices (beta of -0.05), follows the general trend of risk appetite with no established sectoral link to oil.

General Assembly and Reaffirmed 2025 Guidance

Unibail-Rodamco-Westfield shareholders are gathering this Wednesday for the general assembly, a statutory meeting scheduled in the financial calendar. During its nine-month 2025 publication, the real estate investment trust confirmed targeting an AREPS of at least €9.50 for the fiscal year, assuming no major macroeconomic or geopolitical degradation. The group had highlighted the rental potential of its portfolio, with an 11% increase in signed rent per square meter, and the continuation of divestments aimed at reducing net debt. The stock has already made significant progress: surpassing €101 in early April brought the annual performance to over 56%. Since then, the stock has continued to advance, consistently staying above its 200-day moving average (€92.80) and 50-day moving average (€100.08). Details from the AGM and a possible update on divestments are expected at the end of the meeting. For analyst opinions, the potential crossing of €106.55 will be the next technical level to watch.