Haffner Energy shares drop 8.5% and fall back below €0.58

The pullback brings the price back below its two short-term moving averages

The stock Haffner Energy falls 8.75% to €0.58 in mid-afternoon, compared with €0.64 at the last close. The decline extends over the week, with -17.75% over seven days, while the stock remains up nearly 80% over three months.

The price falls below its 20-day moving average (MM20) at €0.72 (a gap of 18.89%) and its 50-day moving average (MM50) at €0.67 (a gap of 12.84%), erasing the ground gained since mid-October.

The 200-day moving average (MM200), at €0.30, remains well below the current price, which recalls the scale of the rally of recent months. The RSI at 35 reflects this rapid pullback, without yet reaching the oversold zone.

A flow of technical and commercial releases ahead of the pullback session

At the end of October, the company issued multiple releases. On October 30, Irish forestry owners came to examine its thermolysis technology, in a country seeking to recover residues from abundant biomass after the storms. On October 29, it had presented its artificial intelligence strategy for steering its facilities. On October 21, it reported a favorable ruling against SARA, which allows it to keep a deposit of €1 million.

As a reminder, when the company published its annual results on June 25, 2026, the group targeted revenue of more than €500 million. The €0.53 support level is the technical level closest to the current price.