Rémy Cointreau stock leads the SBF pack, +3.5% during trading session
The cognac group's stock rebounded sharply on Tuesday, closing at the top of the bullish pack in an otherwise stable SBF 120. This recovery occurs in a still delicate technical context, with the stock remaining below its short-term moving averages despite the day's gains.
A 3.5% rebound that lifts the stock without erasing monthly pressure
Rémy Cointreau closed at €43.80, up 3.5% from the previous day (€42.32), against a gain of 0.24% for the SBF 120. Ranking as the ninth strongest value in the SBF 120 at close, the stock is among the index's strongest gainers. This rebound is insufficient to erase the monthly decline, which remains at -4.74% over one month, nor the yearly decline (-6.29%). Over the week, however, cumulative gains reach 1.53%.
Pernod Ricard, a comparable value in the spirits segment, also advanced 1.68% during the session, in the same bullish dynamic. The sector context remains challenging for French cognac exporters, with FEVS exports posting a 10.9% decline in value over the 2024 fiscal year. On the capital side, four funds cumulatively hold 4.55% of capital sold short according to filings recorded (as of September 17, 2026), a slight decline of 0.21 points over thirty days. This level remains elevated and signals a notable fraction of institutional investors positioned against the stock, although the recent trend is toward a slight decrease.
The stock remains below its short-term moving averages, with support at €41.72 in the background
Despite today's rebound, the technical configuration of Rémy Cointreau remains constrained. The price at €43.80 trades below the MA20 (€44.14, gap of -0.77%) and the MA50 (€45.37, gap of -3.46%). Only the MA200 at €41.47 remains below the price, offering a cushion of 5.62%.
The RSI at 39 reflects a configuration still close to the oversold zone without diving into it, which is consistent with the rebound dynamic observed in recent days, notably the September 14 rebound. The nearest resistance is situated at €47.76, approximately 9% above the current price, while support at €41.72 remains the reference level in case of a pullback. The option predominantly exercised in favor of a stock dividend at €39.21 (76.8% of rights as of September 18) serves as a recent reminder of the group's distribution policy, without direct effect on today's price.
