Elis shares break through their €23.72 resistance and rebound 13.5% over one month
The laundry rental and maintenance specialist continues its rebound in a Parisian market trending upward. The stock closes a clearly positive month, despite a quarter still marked by decline. The day's move shifts the stock's technical benchmark.
An intraday breakout above resistance, an RSI at 72 and a one-month gain of +13%
The Elis share gains 1.85% to €24.16 and intraday broke above its highest level of the last 30 sessions (€23.72), which has now become support. With this threshold cleared, the price stands 8.29% above its 20-day moving average (MM20, €22.31) and 7.66% above its 50-day moving average (MM50, €22.44), so that the 13.4% rise over one month comes with an RSI of 72, in overbought territory.
The 200-day moving average (MM200, €25.08) remains 3.67% above the price, while the quarterly performance remains negative at -5.2%.
The session is favourable for the stock: the CAC 40 rises 2.16% and the SBF 120 rises 2.04%. This move follows an 8.9% gain over the week, supported by third-quarter revenue published on October 28.
Third-quarter revenue up 6.1% and 2026 targets confirmed
When publishing its first nine months (October 28, 2026), Elis reported third-quarter revenue of €1,323.9 million, up 6.1%, including 3.5% organic growth. The group then indicated that this performance allowed it to confirm its financial targets for 2026. The analyst consensus is available on the analyst opinions page.
On the short-selling side, a single disclosure is recorded, at 0.74% of share capital, compared with 5.01% thirty days ago: the decline of 4.27 points reflects a marked reduction in bearish bets on the stock.
The next reference level is resistance at €28.22, after a MM200 at €25.08 that the price has not yet recovered.
