Interparfums Shares Drop 2.5% and Fall Below 20-Day Moving Average
The licensed perfumery specialist encounters a setback during the session, in a Parisian market heavily disrupted by renewed tensions in the Middle East. The decline follows several weeks of uninterrupted rebound that had brought the stock close to its €27 resistance zone. However, the correction remains moderate in light of recent gains.
A Retreat Testing the 20-Day Moving Average After a More Than 16% Rally Over Three Months
Interparfums shares drop 2.44% to €25.62, partially erasing the recent gains described in our July 7 follow-up. The stock falls below its 20-day moving average (€26.13, a -1.95% difference), while still maintaining a comfortable cushion above its 50-day moving average at €24.59 and its 200-day moving average at €25.31. The RSI, previously at 69, exits the high zone where it began to indicate a tense configuration.
The decline coincides with a 2% fall in the CAC 40 and a nearly 2% drop in the SBF 120, weighed down by a new direct military escalation between Washington and Tehran, with an Iranian counterattack claimed in the Gulf. The VIX jumps nearly 13% to 18.18, reflecting increased market nervousness. Despite this profit-taking, the stock still shows a gain of 6.1% for the week and 16.2% over three months.
The Pivot at €25.31 and 2025 Guidance as Reference Points for Upcoming Sessions
The main technical reference is now the 200-day moving average at €25.31, very close to the current price. A break below this level would bring the stock down to its support at €23.84, while the resistance at €27.58, tested several times in June and early July, remains the upper boundary of the current channel. The Chinese economic situation, marked by a 2.5% increase in cosmetic sales in May (NBS data) while overall retail declines by 0.6%, provides a mixed backdrop for a company with significant exposure in Asia.
During the 2025 annual publication (on January 22, 2026), Interparfums targeted an operating margin between 19% and 19.5%, with about fifteen line extensions planned for 2026 and the integration of the Annick Goutal, Off-White, and Longchamp franchises. The company then highlighted limited visibility for 2026 and the potential impact of the euro/dollar exchange rate. After this pause, the next key event monitored by operators will be the publication of the semi-annual revenue, traditionally communicated at the end of July.
