At its lowest since 2022, Métropole TV stock touches €10.24 and breaks its support level
The audiovisual group declines sharply in mid-session trading, in a downward-oriented Paris market. The stock reaches a level it has not seen since the end of the interest rate hike years, while trend indicators remain uniformly negative.
A four-year low at €10.24, below all moving averages
The Métropole TV stock falls 3.02% to €10.28 after touching €10.24 during the session, a four-year low record. The previous floor level of €10.26 dated back to 2022, a year marked by the war in Ukraine and rising interest rates. The stock is down 8.21% over a week and 14.9% over a month.
It stands 9.51% below its 20-day moving average (€11.36) and 13.32% below its 200-day moving average (€11.86), a configuration reflecting a long-established decline rather than an isolated session accident. This decline places Métropole TV among the strongest declines of the SBF 120 during the session, behind Schneider Electric. The index loses 0.94% at mid-session, the CAC 40 1.06%, in a market penalized by French budgetary uncertainty: the government presented its 2027 budget bill project, targeting a deficit of 5% of GDP, and the 10-year OAT stands at 4.90% according to the October 2 reading.
RSI at 18 and €10.68 support broken, decline accelerates
The RSI at 18 signals a marked oversold configuration. The stock has broken through the €10.68 support level, which was acting as a floor, and now finds itself without any lower technical reference point. The nearest resistance is situated at €12.12, approximately 18% above the current price.
Over three months, the decline reaches 17.76%, and 18.54% over one year.
