LISI hits €69.00 in session, a new all-time high, after breaking through its resistance
The stock of the aerospace and automotive equipment manufacturer continues its forward march, setting a new unprecedented peak mid-session. The breaking of a technical threshold monitored for several days confirms the underlying bullish momentum.
An all-time high at €69.00 after breaking the resistance at €68.30
LISI's stock gained 1.33% to €68.70 at midday, after touching €69.00 in session. This level represents a new historical high, above the previous record of €68.90 established on Wednesday. The stock broke through its session resistance at €68.30 and remains above it. The movement extends the surge praised the previous day, when the stock had already set an all-time high. The progress reaches 7.34% over the week and 22.68% over three months, while the annual performance peaks at 114%. LISI is among the rising values in the SBF 120 this Thursday, while the index drops 0.22%. The rally gains momentum despite a sluggish index context. The CAC 40 is down 0.28%, weighed down by inflationary fears linked to renewed tensions around the Iranian dossier and the latest restrictive comments from members of the Fed.
RSI at 70 indicates the extension of the movement, the gap to the MM200 reaches 31%
The continuation of the rise pushes the RSI to 70, on the border of the overbought zone, which reflects the intensity of the movement initiated several weeks ago. The gap between the price and the 200-day moving average, at €52.42, reaches 31%: the medium-term dynamic remains solidly oriented upwards, with the stock performing well above its three reference moving averages. The MM20, at €64.41, is now 6.66% below the price. The equipment manufacturer from Grandvillars, led by Jean-Philippe Kohler, has seen its stock more than double in a year, driven by the dynamics of the aerospace cycle. The resistance of €68.30, now breached, could serve as a reference in case of consolidation. In the short term, attention shifts to the stock's ability to maintain above this threshold after today's record at €69.00.