Mersen stock bounces back 2%, green exception in a declining SBF 120
In a Paris market oriented downward, Mersen stands out as an exception this Thursday, advancing sharply while the CAC 40 and SBF 120 lose ground during the session. The stock of the advanced materials and electrical equipment specialist resists the selling pressure weighing on a large part of the market.
A session rebound that brings the stock back into contact with the 50-day MA at 38.90 €
The Mersen stock gains 2.08% to 38.36 € during the session, ranking among the strongest gains of the SBF 120 while the index declines by more than 1%. This recovery comes after a difficult week: the stock fell 1.54% over seven days, although it shows solid monthly performance of nearly 6.73%. Today's rebound brings the price back into contact with the 50-day MA at 38.90 €, remaining slightly below it (difference of -1.39%).
The 200-day MA, at 30.59 €, meanwhile remains well below the current price, confirming that the long-term underlying trend remains bullish. The RSI at 43 sends no extreme signal: it reflects a stock that has emerged from a slight weakness zone without entering overbought territory, which leaves room in the current configuration. The next resistance level is at 41.88 €, approximately 9% above the current price.
Solid half-year results and raised 2026 targets as backdrop
Beyond today's movement, the first half 2026 results, published on July 30, had provided favorable fundamentals for the stock. Mersen had generated revenue of 611.5 M€, up 3.9% on an organic basis, and raised its annual targets, with growth now expected between 4% and 6%. These elements are part of a sector dynamic also reflected in the stock's one-year performance: nearly 57.5% gain over twelve months.
In this context, the market appears to have digested the slight correction of recent weeks (decline of 6.26% over three months). The support level at 34.08 € remains around twenty percentage points away, which testifies to the strength of the base acquired over the recent period. The stock's ability to recross and establish itself sustainably above the 50-day MA at 38.90 € will be the technical element to watch in the coming sessions.