Vivendi Shares Bounce Back 2.78% After a 27% Drop Over Three Months
This Wednesday at midday, Vivendi SE's stock rose by 2.78% to 1.736 euros in a Paris market buoyed by a CAC 40 increase of 1.38% during the session. However, this rebound does not obscure the extent of the correction the stock has undergone, with a loss of over 11% in a week and nearly 27% over three months.
Current Trading Position
This Wednesday, Vivendi SE's stock is trading just above its support threshold at 1.68 euros, a level tested in recent sessions. Today's rebound occurs as the Relative Strength Index (RSI), which measures overbought or oversold conditions, has dropped to 16, indicating an extremely low level that reflects a rarely seen oversold condition. Typically, an RSI below 30 signals a selling excess that may trigger technical recoveries. Nevertheless, the price remains significantly distant from its moving averages: the 50-day moving average is at 2.17 euros and the 200-day at 2.72 euros, representing respective gaps of more than 25% and 56% from the current price. This setup illustrates the intensity of the downward momentum in place for several months, with the stock having lost 38.22% over a year. The nearest resistance, at 2.23 euros, is more than 28% above today's price.
Analyst Perspectives and Sector Performance
On March 23, Morgan Stanley lowered its price target on Vivendi SE from 2.70 euros to 2.10 euros, while maintaining a 'market-weight' recommendation. Even reduced, this target represents a potential revaluation of about 21% compared to the mid-session price. The American bank thus maintains a neutral stance on the stock, without recommending an overweight despite the accumulated discount. Within the sector, UMG, which was spun off from the group, is up 1.33% in the session, while Publicis Groupe is up 0.54%. The next key event for Vivendi shareholders will be the publication of the first quarter 2026 revenue on April 21, an event that could provide new insights into the group's operational trajectory following recent reorganizations.