Eutelsat share falls below €1.90 and declines 4.5% in the SBF 120
The satellite operator reverses its intraday trend after reaching a daily high. The decline places it at the bottom of its index ranking, while the Paris stock exchange retreats overall.
A daily high of €1.91 before falling back below resistance
During the session, Eutelsat declines 4.32% to €1.82, after having broken above its €1.90 resistance level to reach €1.91. The share then fell back below this level, down to €1.84 at the latest reading. It nevertheless remains above its 20-day moving average (gap of 14.28%) and its 50-day moving average (gap of 3.24%), but is 20.66% below its 200-day moving average.
This reversal abruptly halts a 7.58% rebound over seven days, which itself came after a 13.31% decline over three months. Among the largest declines in the SBF 120, the value falls more sharply than the index, which loses 1.42% during the session.
First quarter revenue expected on October 29
In a CAC 40 down 1.45% while the 10-year OAT stands at 4.99% and the spread with the Bund is 1.58 points, the session is difficult for the Paris market. On the company side, the agenda is busy: the operator must publish its first quarter revenue for 2026-2027 on October 29. The share arrives at this meeting following a very penalizing year, with a 36.88% decline over twelve months. It is also a highly volatile share, which gained 34% over one week in mid-October, in the wake of information on Starlink and OneWeb.
