Vicat's Stock Rebounds by 2.5% and Regains Ground Above Its Averages

A Technical Rebound Bringing the Stock Above the MM20 and MM50

Vicat's stock rises by 2.4% to €64.00, within a CAC 40 that is up by 0.55% and an SBF 120 that has increased by 0.64%. The stock regains its footing above its MM20 (€63.05) and MM50 (€62.96), with a positive gap of around 1.5% on both, after having hit its MM200 at €67.15 the previous day. This latter remains 4.69% above the current price, continuing to cap the medium-term momentum.

The RSI at 59 remains in a neutral zone without immediate overheating signs, while the MACD at 1.19, above its signal line at 0.48, reinforces the rebound that started from the low on June 8 at €59.10 (see the breach of support at €59.10). The session is part of a broader movement of returning purchases on European cyclical stocks, with the DAX gaining 1.52%.

An Annual Performance of Nearly 11% Still Hampered by the €67.60 Resistance

Over three months, the stock has progressed by 4.24%, and its gain stands at 10.92% over a year, despite a weekly decline of 4.34%. Today's rebound places the course in the upper half of the corridor bounded by the support at €58.80 and the resistance at €67.60, a level that almost coincides with the MM200. This zone of €67.15-€67.60 had already acted as a ceiling on June 22, during a profit-taking session that saw the stock decline by 2.8%.

The one-month volatility remains measured at 9.22, without any particular acceleration. The next identifiable milestone will be the crossing (or not) of this €67 barrier, which conditions the breakout from the range in which the stock has been trading for several weeks.