Atos Group stock breaks through its support at €24.82 and drags down the SBF 120
Atos Group's restructuring does not prevent the stock from losing further ground this Tuesday, in a European market already under pressure. The downward breach of a closely monitored technical threshold amplifies a bearish movement that is part of a deteriorating trend over several months.
Support broken during the session, RSI in oversold territory at 26
Atos Group is down 3.25% at €24.44 during trading, ranking among the biggest declines on the SBF 120, which itself is falling 0.81%. The stock broke through its support at €24.82 to the downside during the morning and failed to recover it, with the last quoted price remaining below this threshold. This breach extends selling pressure that has been ongoing for several weeks: the value is down nearly 17.5% over one month and more than 29.5% over three months. Below the three benchmark moving averages, the stock is 11% below its 20-day MA at €27.46, and the gap widens to 37% below the 200-day MA at €38.99.
The RSI at 26 signals an oversold configuration, a level already observed during the breach of the €25 support on September 11, when it had touched 21. The gap between the MACD and its signal line remains negative, confirming the persistence of short-term bearish momentum. The resistance to watch is located at €31.80, more than 30% above the current price.
A UGAP contract signed, but interim guidance still under pressure
In this context of decline, Atos, alongside Open and Thales, won two cloud computing contracts from UGAP for four years, covering cloud environments and infrastructure management. This agreement, announced Tuesday in a press release, illustrates the group's ability to secure public contracts despite its weakened financial situation. On the fundamental side, when publishing first-half 2026 results on July 30, the group communicated cautious guidance: organic revenue growth of approximately -5% and an operating margin target of approximately 7% of revenue.
This positioning remains under tension in a difficult macroeconomic environment, characterized Tuesday by a VIX increase of nearly 13% and expectations for a Fed rate hike as early as Wednesday. The next natural support zone after €24.82 is not defined by an identified technical level in the available data, which leaves the €24.82 threshold as a key reference to recover.
