Emeis stock narrowly saves its 9.89 € support level, RSI in oversold territory at 20

A support briefly broken then reclaimed, RSI at 20

Emeis stock gains 2.07% to €10.09 in mid-afternoon trading, with the SBF 120 index rising 1.04%. During the session, the stock broke through its support at €9.89 down to a low of €9.88, before moving back above it. This failed downside attempt occurs as the RSI, at 20, reflects an oversold configuration following a decline of 21.42% over one month.

The recovery remains modest given the accumulated gap: the price is 10.94% below its 20-day moving average and more than 20% below its 50-day moving average, placing the stock far from any recovery zone. Over three months, the decline reaches 28.13%.

A half-year publication that raises the group's 2026 guidance

The first half 2026 results, published on July 29, led the group to raise its guidance for the year. It indicated at that time that the trend observed since the beginning of the fiscal year extended the momentum of 2025 and exceeded its initial expectations. The exit from Latin America, completed in early October for approximately €111 million in disposals, completes this refocusing.

The session is unfolding in a context of tension on French debt: the 10-year OAT is at 4.79% according to the latest Banque de France reading of October 9, or 1.32 points above the Bund. The latest reference technical level remains the support at €9.89, tested today.