15.5% lost over the quarter: Vinci stock rebounds 2% above its support level

The stock rebounds without reclaiming its moving averages

The price of Vinci gains 1.98% to €108.25, above the €105.60 support level that the stock had broken through in Monday's session. This movement does not change the overall configuration: the price remains 1.89% below its 20-day moving average (€110.33) and 12.75% below its 200-day moving average (€124.07). Over three months, the decline reaches 15.36%, a pullback that today's gain only moderates.

The RSI at 32 remains close to the oversold zone, a configuration consistent with the recent downtrend. Vinci is advancing somewhat less rapidly than the index in a market driven by the recovery of several stocks: Eiffage gains 1.74% and Bouygues 1.43%.

A 2027 budget and French yields under pressure

Markets are closely watching the budgetary debate in France, as the 10-year OAT yield stands at 4.90%, with a spread of 1.47 points over the German Bund. On the fundamentals side, the group raised its targets when publishing H1 2026 results on July 29: it anticipates further growth in its revenue and net income, with free cash flow potentially reaching 6 billion euros. Vinci also announced on October 1st a share buyback program of €270 million, and €902 million of shares have been repurchased over twelve months, representing 1.4% of market capitalization. The next technical level is located at €105, below the support reclaimed today.