Rémy Cointreau stock falls 2.5% and slips below its moving average

A decline of 2.3% that places the stock below the 20-day MA, within an SBF 120 in retreat

The Rémy Cointreau share falls 2.3% to €45.92 during the session, within an SBF 120 itself declining by 0.91%. This movement places the stock below its 20-day moving average, set at €46.63, with a gap of -1.52%, after the security had gained more than 2% the previous day. The price remains, however, above the 50-day MA (€45.33, gap +1.30%) and well above the 200-day MA (€41.17, representing +11.54% distance).

The RSI at 54 remains in neutral territory, without a clear directional signal. The decline brings the stock closer to its support at €44.48, while the resistance at €49.02 moves away. Over three months, performance remains solid at +15.49%, mitigating the image of a session under pressure.

Selling positions still elevated, within a cognac segment under tension since 2024

With a ranking of 110 out of 120 members within the SBF 120, Rémy Cointreau is among the biggest decliners in the index at mid-session, alongside a broadly weak Paris market (CAC 40 at -1%). The sectoral backdrop remains delicate: French cognac exports fell 10.9% in value in 2024, according to the assessment of the Federation of Wine and Spirits Exporters, and all spirits lost 6.5% over the same period. On the short-selling front, according to filed disclosures, four funds collectively hold 4.76% of capital sold short, a level that has nonetheless declined by 0.60 percentage points over thirty days (versus 5.36% a month ago).

This decline in cumulative short interest reflects a slight easing, but the absolute level remains above the 3% threshold generally considered significant, reflecting persistent vigilance among institutional investors positioned against the stock. The support at €44.48 now constitutes the technical reference point to monitor should selling pressure intensify.