Safran Rises 2.45%, Shares Reach €300 and Challenge Key Resistance at €305.70

A Significant Rebound Brings the Stock Back to Its 200-Day Moving Average

Safran shares gain 2.45% to €301.00, while the CAC 40 advances by 0.99% to 8,230.91 points. The stock is among the top gainers in the Paris index. Over a month, the increase reaches 10.26%, although the three-month performance remains negative at -6.38%. Today's rebound brings the price just above the 200-day moving average, located at €299.82, after the stock had struggled at this benchmark on Wednesday. The shorter averages, MM20 at €288.38 and MM50 at €288.49, are now surpassed by just over 4%, indicating a regained short-term momentum. The RSI at 53 remains neutral, leaving room for movement before reaching any tension zone, while the identified resistance at €305.70 is approaching.

Medium-Term Dynamics Still Dependent on Geopolitical Context in the Middle East

The movement occurs as Donald Trump mentioned on Wednesday the possibility of a diplomatic agreement with Iran as soon as this weekend, after several months of open conflict. However, Tehran immediately dampened this optimism, stating that no tangible progress had been made. The European aerospace sector, sensitive to oil price fluctuations and regional stability, closely follows these statements, which indirectly impact the costs of air transport and thus the client companies of engine manufacturers. Previous sessions reflect this sensitivity: the stock paused on Monday due to a surge in oil prices, before weakening on Wednesday at a technical barrier. Over a year, the performance remains positive at 13.58%. The next graphical benchmark to watch is the resistance at €305.70, whose breach would pave the way to the peaks reached earlier in the year.