Forvia regains momentum: stock rises nearly 4%

A rebound that offsets part of the monthly decline without reaching its moving averages

The Forvia share gains 3.82% to €9.07 in trading, among the strongest increases on the SBF 120 which advances 0.66%. The gain mitigates the 8.7% decline recorded over one month, but does not fully offset it, particularly as the price remains below its three moving averages. The gap is marginal with the 20-day MA (€9.14, or 0.79% below) and the 50-day MA (€9.12), considerably more pronounced with the 200-day MA at €10.69, 15.2% above the current price. The security advances 2.7% over one week, while support stands at €8.42 and resistance at €9.93, a level that the price had broken through intraday on September 10 before declining.

Short positions at 3.95% of capital, as French rates remain under pressure

Four funds collectively hold 3.95% of capital sold short, a slight increase of 0.13 percentage points over thirty days according to available disclosures. This level indicates that institutional investors remain positioned against the security or seek to hedge an exposure, without this modest variation signaling accelerating distrust. On the market side, the 10-year OAT stands at 4.90% according to the Bank of France report from October 2, and the spread with the Bund reaches 1.47 percentage points, its highest level since 2012.

The CAC 40 nevertheless advances 0.6% this morning. To watch: resistance at €9.93 remains the reference level above the current price.