Mersen shares fall back below their MM20 at €38.05 and drop 1.5%

A late-session decline on the SBF 120 pushes the share price back below its short-term averages

The stock loses 1.57% to €37.50 and ranks among the largest decliners in the SBF 120, which gains 0.7% at the same time. This divergence from the index is due solely to the stock's own behaviour: Mersen shares have fallen 8.85% over one month and 1.73% over the week, following the rebounds earlier in the week.

The share price thus falls back below the MM20 at €38.05, a gap of 1.45%, and remains more clearly below the MM50 at €39.16.

The MM200, at €35.03, is in contrast 7.05% below the share price, which preserves the underlying trend stemming from the 76.89% gain over one year. The RSI at 47 remains neutral: the decline of the day has not triggered an oversold move.

Quarterly results and a raised annual target anchor the company's file

On 28 October, the group published revenue of €329.2 million for the third quarter, up 14.2% on an organic basis. It had then raised for the second time its 2026 organic growth target, now set between 6.5% and 7.5%, compared with 4% to 6% previously, while confirming its margin targets.

The stock, which had gained 8% following that publication, therefore remains some distance from its recent high around the €43.96 resistance. Conversely, the €35.04 support, close to the MM200, is the lowest level of the range observed in recent weeks.