Mersen stock breaks through its 42 € resistance level and continues its upward surge
The specialist in carbon materials and electrical solutions stands out distinctly in a Paris market that is nevertheless advancing amid budgetary tensions. The stock has just broken through a key resistance threshold during the session, consolidating a bullish dynamic built over several weeks.
Breaking through the 42.04 € resistance validates the bullish momentum of the month
Mersen gains 3.5% to 42.62 € mid-morning, after breaking upwards through its 42.04 € resistance during the session. The stock is holding above this threshold, which reinforces the bullish short-term outlook. This movement is part of a notable underlying dynamic: over one month, the stock shows a gain of 16.45%, one of the most significant on the Paris bourse over this timeframe.
In this context, Oddo BHF's target price increase on September 22, when the stock surged 4%, had already signaled renewed interest in the security. The stock is thus positioned among the strongest gainers of the SBF 120 on this Friday, in a broader index advancing 1.02% during the session, despite a CAC 40 itself weighed down by uncertainties surrounding France's budgetary trajectory.
Moving averages largely surpassed, RSI neutral at 60 before the next threshold
In terms of trend indicators, Mersen is trading well above its three moving averages: more than 8.5% above the 20-day MA at 39.22 € and nearly 10% above the 50-day MA at 38.75 €, while the gap to the 200-day MA (32.73 €) exceeds 30%. This configuration illustrates the strength of the bullish acceleration initiated since mid-September, after the stock had briefly threatened its support at 36.18 € during the decline of nearly 5% recorded on September 14. The RSI at 60 remains in a neutral-to-bullish zone, with no immediate overbought signal, which leaves room before reaching the next identified resistance at 44.84 €.
For the annual horizon, performance exceeds 67% over twelve months, positioning the stock among the most solid values in the French industrial sector. On a macro level, the guidance provided during the publication of the first half 2026 results (August 3, 2026) targeted revenue of €1,260M and Ebitda of €204.8M: objectives that remain in the background for assessing the current valuation.
