Among the best gains of the SBF 120, Teleperformance stock rises nearly 3%
The customer relationship specialist ranks high on the Paris stock exchange board in a market oriented toward gains. The stock extends a very favorable quarter, away from the tensions weighing on French debt.
A rebound that moves the stock away from its moving averages after testing support
The Teleperformance stock gains 2.83% to €72.78 in trading, placing it among the strongest gains of the SBF 120, which rises 0.17%. The movement follows the increase already recorded on Friday and erases the decline from late September, when the stock had broken through its support level at €68.24. It now stands above its 20-day moving average (gap of 3%) and its 50-day moving average (gap of 3.9%), and 21.95% above its 200-day moving average.
The resistance level at €73.70, very close by, is now the most immediate level. Over three months, the gain reaches nearly 40%, while the RSI at 52 remains neutral. On valuation, the stock trades at approximately 5.4 times expected earnings for the current fiscal year, according to consensus among tracked analysts.
Short positions still present, but in sharp decline over one month
According to filed declarations, eight funds hold 6.53% of capital in net short position, a high level. This aggregate has nonetheless declined by 1.46 points in 30 days, after 7.99% the previous month. This decline could reflect a reduction in certain downside bets, although no precise intention can be drawn from the funds.
The point remains to be monitored, especially since today's increase occurs while these positions remain substantial. Regarding publications, the company presented its H1 2026 results on July 30, on which occasion it had provided its revenue outlook.
