EssilorLuxottica stock falls to 140.70 €, lowest level since 2022
EssilorLuxottica breached on Thursday an unprecedented negative threshold since 2022, the year of the Ukraine war and rising interest rates. The stock deepens its decline during the session while the rest of the CAC 40 evolves in positive territory, further accentuating its isolation on the Paris market.
A new four-year low crossed, laggard of a rising CAC 40
EssilorLuxottica declined 2.17% to 141.95 € during the session, after hitting 140.70 € during the day, thus breaking its previous bearish record of 140.80 € posted in 2022. The stock occupies the last place in the CAC 40, which gained 0.26% at the same time. Over one week, the decline has already reached 4.73%, and over one month the decline exceeds 12.6%.
The fall over one year is 47.54%, meaning nearly half of the value erased in twelve months. This new floor occurs as the 144.40 € support was breached downward during the session, with the stock not returning above this level since. The Federal Reserve's decision to raise its rates by 25 basis points to 3.75%-4.00%, the first increase since 2023, announced on September 17, is tightening global financial conditions and weighing on consumption stocks with high valuations, in a context where American inflation remains at 3.4% year-over-year.
A deteriorated technical configuration, well below its three moving averages
The reading of indicators testifies to persistent selling pressure. The stock is trading at 141.95 €, or 8.18% below its MA20 at 154.59 €, and 12.44% below the MA50 at 162.12 €. The gap with the MA200, set at 204.54 €, exceeds 30%, which reflects a deterioration over several months. The RSI at 30 approaches the oversold threshold without having crossed it yet, signaling progressive exhaustion of the bearish momentum without a reversal signal at this stage.
When publishing first-half 2026 results on July 28, the group had communicated a 15% increase in its adjusted operating income at constant exchange rates and a free cash flow of 1.07 billion euros in progression. These solid metrics were not sufficient to stop the 22.66% decline accumulated over three months. The resistance at 172.30 € remains around 21% away from the current price.
