SES Shares Surge 6% and Climb to the Podium of the SBF 120

A 5.93% Rebound Propels SES Among the Top Gainers of the SBF 120

SES shares gain 5.93% reaching €7.59, up from a previous close of €7.165. The stock is among the top gainers of the SBF 120, while the index itself falls by 0.26% and the CAC 40 drops by 0.28%. This movement extends the 4.5% rebound recorded the previous day, already covered in a brief from Tuesday's session. Over the week, the performance stands at +5.64%, but the stock is still down nearly 20% over the month, a consequence of the downward spiral that began at the end of May after reaching a multi-year high above €8.26. In the longer term, the stock still shows a gain of more than 24% over three months and nearly 26% over a year.

Return to the 20-Day Moving Average After Several Weeks of Correction

The rebound brings the price back to its precise 20-day moving average, located at €7.58. This marks the first time since the early June downturn that the stock has returned to this short-term benchmark, lost during the nearly 6% fall on June 15. The 50-day moving average at €7.76 remains a notch above (a gap of -2.19%) and now serves as the next graphical hurdle. The RSI at 44 emerges from the oversold zone that prevailed in mid-June, without yet switching to the buyer's side, indicating that today's movement corrects a bearish excess rather than signaling a clear reversal of trend. The support identified at €6.63 was not tested during the slide, with the 200-day moving average at €6.54 providing a cushion on longer horizons. The reconquest of the 50-day moving average will be the next observable step to confirm the recovery started earlier in the week.