Rémy Cointreau Shares Climb Nearly 4%, Leading the SBF 120

A Rebound Breaking the €42.24 Resistance, Bringing Monthly Gains to 6%

Rémy Cointreau's stock is up 3.64% at €43.28, while the SBF 120 is down 0.79% and the CAC 40 0.80%. The stock is among the top gainers in the SBF 120 for the session. During the session, the stock crossed its €42.24 resistance and has maintained above it. It is now significantly above its three moving averages: MM20 at €40.02 (a +8.15% difference), MM50 at €39.57, and MM200 at €41.90, showing a recovery configuration aligned across different timeframes. The RSI at 59 remains in the neutral zone, leaving room before a technical overheating signal. Over one month, the performance is at +6.08%, and at +13.24% over three months, despite a still visible decline of nearly 8% over a year.

A Rebound Driven by the RC Forward Plan, But High Short Positions Remain

The movement extends the momentum started on June 4, after the publication of the 2025-26 accounts and the presentation of the RC Forward plan, which had propelled the stock by nearly 11% in-session. The annual accounts had shown an organic decline in operating margin by 2.6 points to 17.7% and a dividend cut in half, but the market focused on the transformation ambition. The sector context remains unfavorable: according to FEVS, cognac exports fell by 10.9% in value in 2024, and all French spirits by 6.5%. Thus, the stock's rebound occurs despite this environment, not because of it. According to reviewed statements, five funds still accumulate 5.38% of the capital sold short, a high level indicating continued caution among some institutional investors. However, the downward pressure is easing, with a 0.82 point decline over thirty days, signaling the start of coverage that could mechanically fuel the rise. The next key event to watch: maintaining the €42.24 threshold, now converted into a short-term technical support.