Vusion stock rebounds 2.5% after testing its support at €116.40
Vusion posts a sharp rebound during Friday's session, standing out in a rising SBF 120. However, the stock experienced a period of tension at the opening, dipping below its support level before returning to positive territory.
A solid rebound following a support test at €116.40 during the session
The Vusion stock gains 2.66% to €119.50 during the session, ranking among the strongest gainers of the SBF 120. The session started poorly however: the price broke through its support at €116.40, falling to a low of €116.10, before rebounding sharply. This turnaround illustrates a V-shaped technical configuration, even though the stock remains stuck below its three moving averages. The 20-day MA at €127.04 and the 50-day MA at €128.64 are respectively 5.94% and 7.11% above the current price, while the 200-day MA at €137.60 widens the gap to more than 13%.
The RSI at 33, approaching the oversold zone, reflects the state of seller exhaustion that preceded this rebound. The next resistance level is shaping up at €134.20, representing approximately 12% upside from current levels. Over the week, the stock is down 1.81%, and over one month losses reach 6.64%, placing this rebound within a still unfavorable underlying dynamic.
Short positions remain elevated against a heavy macro backdrop and Q1 results to review
According to disclosed positions, six funds hold 3.99% of Vusion capital in net short positions, a level that remains elevated though showing slight contraction compared to the 4.08% recorded thirty days ago. This 0.09 percentage point decline in one month reflects modest easing, without a genuine reversal: a significant portion of the float remains positioned downside, which may amplify movements in both directions. The analyst consensus on the stock warrants monitoring in this context of persistent pressure.
In the background, the ECB raised its key rate to 2.50% yesterday, increasing financing costs for growth companies like Vusion, whose activities in connected electronic labels rely on long investment cycles. When Q1 2026 results were published on July 30, the company highlighted value-added services (VAS) growth of 53% and a strategic partnership with Carrefour for the EdgeSense rollout, while signaling pressures on raw material costs. Over one year, the stock's decline reaches 42.49%, placing resistance at €134.20 as the first threshold to watch in assessing the solidity of the current rebound.
